empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
11.04.2025 06:22 PM
GBP/USD: Simple Trading Tips for Beginner Traders on April 11th (U.S. Session)
Open trading account Open demo account

Trade Breakdown and Tips for Trading the British Pound

The test of the 1.3024 price level occurred just as the MACD indicator was beginning to move upward from the zero line, confirming a correct entry point to buy the pound. As a result, the pound rose by 100 points.

Strong UK GDP data triggered another wave of British pound appreciation. Investors took this as a signal of greater resilience in the UK economy, easing fears of a potential recession. The pound's strength is also supported by expectations that the Bank of England will maintain interest rates, even though inflation in the UK is gradually declining, meaning there is no urgent need for further tightening.

Today, FOMC member John Williams is scheduled to speak. Additionally, U.S. Producer Price Index (PPI) data will be released. A drop in inflation could further weaken the dollar, driving up demand for riskier assets, including the pound. As for Williams' speech, investors will be watching closely for any hints of a shift in Fed monetary policy, as his remarks could provide valuable insights into the regulator's next steps.

For today's intraday strategy, I will rely mainly on Scenario #1 and Scenario #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 around 1.3111 (green line on the chart), targeting a rise to 1.3221 (thicker green line). At 1.3221, I will exit long positions and open short trades in the opposite direction, anticipating a 30–35 point pullback from that level. A pound rally today is possible if U.S. inflation data disappoints. Important! Before buying, make sure the MACD indicator is above the zero line and just beginning to rise from it.

Scenario #2: I also plan to buy the pound today if the price tests 1.3050 twice in a row while the MACD is in the oversold zone. This should limit the pair's downward potential and trigger a reversal upward. A rise toward 1.3111 and 1.3221 may then be expected.

Sell Signal

Scenario #1: I plan to sell the pound after the price breaks below 1.3050 (red line), which could lead to a quick drop in the pair. The main target for sellers will be 1.2960, where I plan to exit short positions and open long ones in the opposite direction (expecting a 20–25 point bounce). Sellers will become more active if the data is strong. Important! Before selling, make sure the MACD is below the zero line and just starting to decline from it.

Scenario #2: I also plan to sell the pound today if the price tests 1.3111 twice while the MACD is in the overbought zone. This should limit the pair's upward potential and trigger a downward reversal. A decline toward 1.3050 and 1.2960 may then follow.

This image is no longer relevant

Chart Notes:

  • Thin green line – entry price for buying the asset
  • Thick green line – estimated Take Profit level or where to manually lock in gains, as further growth is unlikely above this level
  • Thin red line – entry price for selling the asset
  • Thick red line – estimated Take Profit level or where to manually lock in gains, as further decline is unlikely below this level
  • MACD Indicator – used to gauge overbought or oversold conditions before entering the market

Important for Beginners:

Forex beginners must be extremely cautious when deciding to enter the market. It is best to stay out of the market before major economic reports to avoid being caught in sharp volatility. If you decide to trade during news releases, always use stop-loss orders to minimize losses. Without stop-losses, you could quickly lose your entire deposit, especially if you're trading large volumes without money management.

And remember, successful trading requires a clear plan, like the one presented above. Making impulsive trades based on current market conditions is an inherently losing strategy for intraday traders.

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
All Analytics
Analytical News
US Market News Digest for June 10 The S&P 500 and Nasdaq 100 indices posted notable gains, driven by upbeat expectations ahead of the upcoming US-China trade negotiations. Investors are betting on a potential easing of tariffs
Ekaterina Kiseleva
12:52 2025-06-10 +02:00
1540
Analytical News
Robinhood Drops From S&P 500 — Domino Effect Hits Entire Market Robinhood Falls After Platform Expelled From S&P 500 Warner Bros. Shares Fall After Company Says Plans to Split Business European Stocks Fall on UBS Drop, U.S.-China Trade Talks Loom McDonald's
Thomas Frank
12:49 2025-06-10 +02:00
1615
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • 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 on June 10. Review of Yesterday's Forex Trades

The test of the 144.21 level occurred when the MACD indicator began to move upward from the zero mark. This confirmed a valid entry point for buying the dollar
Jakub Novak 09:06 2025-06-10 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 10. Review of Yesterday's Forex Trades

The test of the 1.3562 level in the second half of the day coincided with the MACD indicator just beginning to move downward from the zero mark, which confirmed
Jakub Novak 09:06 2025-06-10 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 10. Review of Yesterday's Forex Trades

The price test at 1.1420 occurred just as the MACD indicator began moving down from the zero mark, confirming a valid entry point for selling the euro and resulting
Jakub Novak 09:05 2025-06-10 UTC+2

Intraday Strategies for Beginner Traders on June 10

Euro, Pound, and Other Risk Assets Remain Trapped in Sideways Channels, but the U.S. Dollar Sees Stronger Demand During the U.S. Session After the First Day of China-U.S. Negotiations
Miroslaw Bawulski 08:20 2025-06-10 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 9 (U.S. Session)

Analysis of Trades and Tips for Trading the Japanese Yen The price test at 144.28 during the first half of the day occurred when the MACD indicator had already moved
Jakub Novak 14:40 2025-06-09 UTC+2

GBPUSD: Simple Trading Tips for Beginner Traders on June 9th (U.S. Session)

Analysis of Trades and Tips for Trading the British Pound The price test at 1.3567 during the first half of the day occurred when the MACD indicator had already moved
Jakub Novak 14:25 2025-06-09 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 9th (U.S. Session)

Analysis of Trades and Tips for Trading the Euro The price test at 1.1430 occurred when the MACD indicator had already moved significantly above the zero mark, limiting the pair's
Jakub Novak 14:22 2025-06-09 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 9. Review of Yesterday's Forex Trades

The price test at 144.27 occurred when the MACD indicator had already moved significantly above the zero line, but the strong U.S. labor market data offered a high probability
Jakub Novak 09:01 2025-06-09 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 9. Review of Yesterday's Forex Trades

The price test at 1.3535 in the second half of the day occurred just as the MACD indicator was beginning to move downward from the zero line. This confirmed
Jakub Novak 09:01 2025-06-09 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 9. Review of Yesterday's Forex Trades

The price test at 1.1410 occurred when the MACD indicator had just started moving downward from the zero line. This confirmed the correct entry point for selling the euro
Jakub Novak 09:00 2025-06-09 UTC+2

Top analytics

Relevance up to 21:00 2025-06-10 UTC--5
EUR/USD Overview – June 10: Riots, Protests, Unrest
04:11 2025-06-10
Fundamental analysis
Relevance up to 01:00 2025-06-11 UTC--5
Intraday Strategies for Beginner Traders on June 10
08:20 2025-06-10
Forecast
Relevance up to 03:00 2025-06-11 UTC--5
Forecast for EUR/USD on June 10, 2025
10:33 2025-06-10
Technical analysis
Relevance up to 01:00 2025-06-11 UTC--5
EUR/USD: Simple Trading Tips for Beginner Traders on June 10. Review of Yesterday's Forex Trades
09:05 2025-06-10
Forecast
Relevance up to 20:00 2025-06-10 UTC--5
Trading Recommendations and Analysis for GBP/USD on June 10: The Pound Is in No Hurry to Fall Either
04:11 2025-06-10
Trading plan
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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.