empty
25.06.2025 06:35 PM
GBP/USD: Simple Trading Tips for Beginner Traders for June 25th (U.S. Session)

Trade Review and Advice for the British Pound

The outlined price levels were not tested in the first half of the day, so I ended up without any trades.

The speech by Bank of England Deputy Governor for Monetary Policy Clare Lombardelli had no impact on the market or the British pound. The market, as if hardened by financial storms, remained unmoved in the face of rhetoric that would usually trigger at least a surge, if not a full-blown wave.

Now, the focus has shifted to U.S. economic data. New home sales data in the U.S. will be relevant in the current environment. Any deviation from forecasted values—whether a sharp spike or an unexpected drop—can lead to strong market moves. Powell's comments may also put pressure on the dollar. Investors will be looking for fresh insight into the likelihood of a rate cut this fall. Any statements regarding inflation, employment, or the pace of economic growth could instantly affect financial markets and exchange rates.

As for the intraday strategy, I'll be relying more on the execution of Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1:I plan to buy the pound today after the price reaches the entry point around 1.3636 (green line on the chart), with the target of rising to 1.3686 (thicker green line on the chart). Around 1.3686, I will exit long positions and open short positions in the opposite direction, expecting a 30–35 point move downward from this level. A rise in the pound today can be expected following weak data.Important! Before buying, make sure the MACD indicator is above the zero mark and just beginning to rise from it.

Scenario #2:I also plan to buy the pound today in case of two consecutive tests of the 1.3598 level, when the MACD indicator is in the oversold zone. This will limit the downward potential and lead to a reversal to the upside. A rise to the opposite levels of 1.3636 and 1.3686 can then be expected.

Sell Signal

Scenario #1:I plan to sell the pound today after updating the 1.3598 level (red line on the chart), which may lead to a sharp drop in the pair. The key target for sellers will be 1.3539, where I will exit shorts and immediately open longs in the opposite direction, expecting a 20–25 point rebound. Sellers will act in the event of strong data.Important! Before selling, make sure the MACD indicator is below the zero mark and just beginning to fall from it.

Scenario #2:I also plan to sell the pound today in case of two consecutive tests of the 1.3636 level, when the MACD indicator is in the overbought zone. This will limit the upward potential and lead to a downward reversal. A decline toward the opposite levels of 1.3598 and 1.3539 can be expected.

Chart Key:

  • Thin green line – entry price for long positions
  • Thick green line – estimated Take Profit or suggested level for manually locking in profits, as further growth above this level is unlikely
  • Thin red line – entry price for short positions
  • Thick red line – estimated Take Profit or suggested level for manually locking in profits, as further decline below this level is unlikely
  • MACD indicator – use overbought/oversold zones as guidance when entering the market

Important:Beginner Forex traders must exercise great caution when making entry decisions. Before the release of important fundamental reports, it's best to stay out of the market to avoid getting caught in sharp price swings. If you choose to trade during news events, always set stop-loss orders to minimize losses. Without stop-loss orders, you can very quickly lose your entire deposit—especially if you don't use money management and trade large volumes.

And remember: successful trading requires a clear plan, such as the one outlined above. Spontaneous decisions based on the current market mood are an inherently losing strategy for any intraday trader.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders – July 3rd (U.S. Session)

Trade Analysis and Recommendations for the Japanese Yen The test of the 143.76 level occurred when the MACD indicator had already moved significantly below the zero line, which limited

Jakub Novak 17:22 2025-07-03 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 3rd (U.S. Session)

Trade Analysis and Tips for the British Pound The test of the 1.3638 level occurred just as the MACD indicator began to rise from the zero line, confirming a valid

Jakub Novak 15:59 2025-07-03 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 3rd (U.S. Session)

Trade Analysis and Tips for the Euro The test of the 1.1801 level occurred just as the MACD indicator was beginning to rise from the zero line, confirming a valid

Jakub Novak 15:48 2025-07-03 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 3. Analysis of Yesterday's Forex Trades

The first test of the 144.17 price level occurred when the MACD indicator had already moved significantly above the zero mark, which limited the dollar's upside potential. For this reason

Jakub Novak 09:18 2025-07-03 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 3. Analysis of Yesterday's Forex Trades

The test of the 1.3698 price level coincided with the moment when the MACD indicator had just begun to move downward from the zero mark. This confirmed the correct entry

Jakub Novak 09:18 2025-07-03 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 3. Analysis of Yesterday's Forex Trades

The test of the 1.1759 price level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downward potential. For this reason

Jakub Novak 09:18 2025-07-03 UTC+2

Intraday Strategies for Beginner Traders on July 3

The euro held its ground, while the British pound experienced a major sell-off yesterday, driven by clear reasons. Pressure on the dollar surged sharply following the release of ADP Research

Miroslaw Bawulski 07:25 2025-07-03 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 2nd (U.S. Session)

Trade Review and Recommendations for Trading the Japanese Yen The test of the 143.73 level occurred as the MACD indicator began rising from the zero line, confirming a valid entry

Jakub Novak 18:46 2025-07-02 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 2nd (U.S. Session)

Trade Review and Recommendations for Trading the British Pound The test of the 1.3733 price level occurred when the MACD indicator had just started to move down from the zero

Jakub Novak 18:39 2025-07-02 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 2nd (U.S. Session)

Analysis of Trades and Trading Recommendations for the Euro The first test of the 1.1789 price level occurred when the MACD had already significantly moved below the zero line

Jakub Novak 18:35 2025-07-02 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.