empty
28.03.2025 09:00 AM
GBP/USD: Simple Trading Tips for Beginner Traders on March 28. Review of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the British Pound

The price test at 1.2927 occurred when the MACD indicator started moving down from the zero mark, confirming a valid entry point for selling the pound. However, as you can see on the chart, the decline never materialized, resulting in a loss.

Demonstrating some resilience, the British currency found support in its struggle against the U.S. dollar, even reaching new weekly highs. However, the triumph was short-lived. Under pressure from strong U.S. data, the pound failed to maintain its gains and ceded momentum. The GDP figures were positive and supported the U.S. dollar significantly. Investors, reassured by signs of the U.S. economy's stability, quickly adjusted their portfolios to favor the dollar, weakening the pound's position.

Today may mark a potential return of interest in the GBP/USD pair, but that will require favorable conditions—specifically, the release of robust economic data from the UK. The day will begin with the Nationwide House Price Index, which could set the tone for further trading. Following that, investors will closely watch the retail sales data. The highlight will be the release of the final GDP figures for the previous year's fourth quarter, providing a complete picture of the country's economic activity. If all these indicators exceed economists' expectations, a significant strengthening of the British pound against the U.S. dollar could be expected.

For intraday strategy, I will focus primarily on Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy the pound today if the price reaches the entry point near 1.2950 (green line on the chart), aiming for a rise to 1.2987 (thicker green line on the chart). Around 1.2987, I plan to exit long positions and open short positions in the opposite direction (expecting a 30–35 pip pullback from the level). A bullish move in the pound can only be expected after strong economic data. Important! Before buying, ensure the MACD indicator is above the zero line and starting to rise.

Scenario #2: I also plan to buy the pound today in the event of two consecutive tests of the 1.2932 level while the MACD indicator is in the oversold zone. This will limit the pair's downside potential and trigger an upward market reversal. A rise toward the opposite levels of 1.2950 and 1.2987 can be expected.

Sell Signal

Scenario #1: I plan to sell the pound today after the 1.2932 level (red line on the chart) is broken, which would lead to a quick drop in the pair. The key target for sellers will be the 1.2904 level, where I plan to exit short positions and immediately open long positions in the opposite direction (expecting a 20–25-pip rebound from the level). It's better to sell the pound as high as possible. Important! Before selling, make sure the MACD indicator is below the zero line and starting to decline from it.

Scenario #2: I also plan to sell the pound today in the event of two consecutive tests of the 1.2950 level while the MACD indicator is in the overbought zone. This would limit the pair's upside potential and trigger a reversal to the downside. A decline toward the opposite levels of 1.2932 and 1.2904 can be expected.

This image is no longer relevant

What's on the Chart:

  • The thin green line represents the entry price where the trading instrument can be bought.
  • The thick green line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price growth above this level is unlikely.
  • The thin red line represents the entry price where the trading instrument can be sold.
  • The thick red line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price decline below this level is unlikely.
  • The MACD indicator should be used to assess overbought and oversold zones when entering the market.

Important Notes:

  • Beginner Forex traders should exercise extreme caution when making market entry decisions. It is advisable to stay out of the market before the release of important fundamental reports to avoid exposure to sharp price fluctuations. If you choose to trade during news releases, always use stop-loss orders to minimize potential losses. Trading without stop-loss orders can quickly wipe out your entire deposit, especially if you neglect money management principles and trade with high volumes.
  • Remember, successful trading requires a well-defined trading plan, similar to the one outlined above. Making impulsive trading decisions based on the current market situation is a losing strategy for intraday traders.

Recommended Stories

USD/JPY: Kiat-kiat Trading Sederhana untuk Trader Pemula – 30 Juli (Sesi AS)

Ulasan dan Rekomendasi Trading untuk Yen Jepang Level 147,86 diuji ketika indikator MACD sudah bergerak jauh di bawah garis nol, yang membatasi potensi penurunan pasangan ini. Oleh karena itu, saya

Jakub Novak 12:34 2025-07-30 UTC+2

USD/JPY: Kiat-kiat Trading Sederhana untuk Trader Pemula pada 30 Juli. Analisis Trading Forex Kemarin

Pengujian yang diantisipasi pada level yang ditentukan tidak pernah terjadi, jadi saya tetap tanpa trading . Peningkatan kepercayaan konsumen AS berdampak positif pada dolar AS, tetapi tidak menyebabkan kenaikan yang

Jakub Novak 08:47 2025-07-30 UTC+2

GBP/USD: Kiat-kiat Trading Sederhana untuk Trader Pemula pada 30 Juli. Analisis Trading Forex Kemarin

Level 1,3331 diuji ketika indikator MACD baru saja mulai bergerak turun dari angka nol, mengonfirmasi titik masuk yang tepat untuk menjual pound dan menghasilkan penurunan lebih dari 25 pip. Pasangan

Jakub Novak 08:47 2025-07-30 UTC+2

EUR/USD: Tips Trading Sederhana untuk Trader Pemula pada 30 Juli. Analisis Trading Forex Kemarin

Uji level 1.1541 terjadi ketika indikator MACD sudah bergerak jauh di bawah tanda nol, yang membatasi potensi penurunan pasangan ini. Oleh karena itu, saya tidak menjual euro. Data kepercayaan konsumen

Jakub Novak 08:47 2025-07-30 UTC+2

Strategi Intraday untuk Trader Pemula pada 30 Juli

Meski euro dan pound memperbarui posisi terendah bulanan mereka, tekanan pada instrumen-instrumen ini mereda pada akhir sesi perdagangan AS. Tampaknya, para trader sedang memposisikan diri menjelang pertemuan FOMC yang akan

Miroslaw Bawulski 08:25 2025-07-30 UTC+2

USD/JPY: Kiat-kiat Trading Sederhana untuk Trader Pemula – 29 Juli (Sesi AS)

Analisis dan Rekomendasi Trading untuk Yen Jepang Level 148,36 diuji ketika indikator MACD baru saja mulai bergerak naik dari garis nol, mengonfirmasi titik masuk yang valid untuk membeli dolar, yang

Jakub Novak 18:25 2025-07-29 UTC+2

GBP/USD: Kiat-kiat Trading Sederhana untuk Trader Pemula – 29 Juli (Sesi AS)

Analisis dan Rekomendasi Trading untuk Pound Sterling Uji level 1,3334 terjadi ketika indikator MACD baru saja mulai bergerak turun dari garis nol, mengonfirmasi titik masuk yang valid untuk menjual pound

Jakub Novak 18:13 2025-07-29 UTC+2

EUR/USD: Tips Trading Sederhana untuk Trader Pemula – 29 Juli (Sesi AS)

Analisis Trading dan Tips untuk Trading untuk Euro Uji level 1.1574 terjadi ketika indikator MACD baru saja mulai bergerak turun dari tanda nol, mengonfirmasi titik masuk yang valid untuk menjual

Jakub Novak 18:09 2025-07-29 UTC+2

USD/JPY: Tips Trading Sederhana untuk Trader Pemula pada 29 Juli. Analisis Trading Forex Kemarin

Uji level harga 148.17 terjadi ketika indikator MACD baru saja mulai bergerak turun dari garis nol, mengonfirmasi validitas titik masuk untuk menjual dolar. Namun, setelah koreksi 17 pip, permintaan kembali

Jakub Novak 08:42 2025-07-29 UTC+2

GBP/USD: Kiat-kiat Trading Sederhana untuk Trader Pemula pada 29 Juli. Analisis Trading Forex Kemarin

Uji level harga 1,3405 terjadi ketika indikator MACD sudah bergerak jauh di bawah garis nol, yang membatasi potensi penurunan pasangan ini. Karena alasan ini, saya tidak menjual pound dan melewatkan

Jakub Novak 08:42 2025-07-29 UTC+2
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.