empty
14.01.2025 09:28 AM
GBP/USD: Simple Trading Tips for Beginner Traders on January 14. Analysis of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the British Pound

During the afternoon, the initial test of the 1.2145 price level coincided with the MACD indicator being significantly above the zero mark, which limited the pound's upward potential. As a result, I chose not to make a purchase. Shortly after, another test of the 1.2145 price occurred while the MACD was in the overbought zone, leading me to implement Scenario #2 for selling. Unfortunately, there was no significant downward movement afterward, resulting in recorded losses.

The pound rose sharply following rumors that members of newly elected President Donald Trump's economic team were discussing plans for gradual tariff increases. Such gradual tariff hikes would allow businesses to adapt to the changes, reducing the risk of sudden economic shocks. Economists point out that this approach could help limit inflation growth in the U.S., potentially allowing the Federal Reserve to reconsider discussions on lowering interest rates.

Today, Sarah Breeden, the Deputy Governor of the Bank of England for Financial Stability, is expected to deliver a speech that will likely address the current state of the country's financial system and its future prospects. In light of global economic changes and instability, it is essential to understand how the central bank maintains stability and safeguards financial markets from potential risks. Breeden's speech may cover topics such as monetary policy, inflation, and changes in interest rates. Given the recent economic fluctuations, her comments will be especially relevant for investors and traders. She is anticipated to share her insights on how the bank's measures affect the real economy and the initiatives planned to sustain the country's financial health. A key focus will be on discussing new initiatives aimed at strengthening financial infrastructure and ensuring transparency within the banking system.

For my intraday strategy, I will concentrate on implementing Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: Today, I plan to buy the pound upon reaching the entry point near 1.2223 (green line on the chart) with a target of 1.2291 (thicker green line on the chart). Around 1.2291, I plan to exit purchases and open sales in the opposite direction (expecting a movement of 30–35 pips in the opposite direction). Expecting pound growth is reasonable only within a corrective framework. Important! Before buying, ensure the MACD indicator is above the zero mark and starting to rise.

Scenario #2: I also plan to buy the pound today if there are two consecutive tests of the 1.2192 price, with the MACD indicator in the oversold area. This will limit the pair's downward potential and lead to an upward market reversal. Growth toward the opposite levels of 1.2223 and 1.2291 can be expected.

Sell Signal

Scenario #1: I plan to sell the pound after breaking through the 1.2192 level (red line on the chart), leading to a quick decline in the pair. The key target for sellers will be the 1.2122 level, where I plan to exit sales and immediately open purchases in the opposite direction (expecting a movement of 20–25 pips in the opposite direction). Selling the pound at the highest possible levels is preferable to continue the forming bearish trend. Important! Before selling, ensure the MACD indicator is below the zero mark and starting to decline.

Scenario #2: I also plan to sell the pound today if there are two consecutive tests of the 1.2223 price, with the MACD indicator in the overbought area. This will limit the pair's upward potential and lead to a market reversal downward. A decline toward the opposite levels of 1.2192 and 1.2122 can be expected.

This image is no longer relevant

Chart Notes

  • Thin green line: Entry price for buying the trading instrument.
  • Thick green line: A suggested target for Take Profit or manually locking in profits, as further growth above this level is unlikely.
  • Thin red line: Entry price for selling the trading instrument.
  • Thick red line: A suggested target for Take Profit or manually locking in profits, as further decline below this level is unlikely.
  • MACD Indicator: Critical for identifying overbought and oversold zones to guide market entry decisions.

Important Note for Beginner Traders

  • Always approach market entry decisions cautiously.
  • Avoid trading during major news releases to sidestep volatile price swings.
  • If trading during news releases, always set stop-loss orders to minimize losses.
  • Trading without stop-loss orders or money management practices can quickly deplete your deposit, especially when using large volumes.
  • A clear trading plan, like the one outlined above, is essential for successful trading. Spontaneous trading decisions based on current market conditions are inherently disadvantageous for intraday traders.
Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

XAG/USD: Análise e previsão

Hoje, a prata atrai vendedores, interrompendo uma sequência de três dias de ganhos e mantendo-se estável durante a primeira metade da sessão europeia. O movimento ascendente recente, iniciado no começo

Irina Yanina 14:12 2025-01-17 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 16 de janeiro (sessão dos EUA)

O teste do nível 1,2204 na primeira metade do dia coincidiu com o indicador MACD iniciando seu movimento descendente a partir da marca zero, confirmando uma entrada de venda válida

Jakub Novak 21:32 2025-01-16 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 16 de janeiro (sessão dos EUA)

Nenhum teste dos níveis especificados ocorreu durante a primeira metade do dia, portanto, não negociei. O euro foi negociado sem nenhuma volatilidade e com baixo volume. Parece que os participantes

Jakub Novak 21:24 2025-01-16 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 16 de janeiro. Análise das negociações de Forex de ontem

O primeiro teste do nível de preço de 1,2245 à tarde coincidiu com o indicador MACD começando a se mover para cima a partir do nível zero, sinalizando um ponto

Jakub Novak 16:12 2025-01-16 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 16 de janeiro. Análise das negociações de Forex de ontem

O teste do nível 1,0320 na segunda metade do dia coincidiu com o indicador MACD começando a se mover para cima a partir da linha zero, confirmando um ponto

Jakub Novak 16:00 2025-01-16 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 15 de janeiro (sessão dos EUA)

O teste do nível de preços de 1,2215 na primeira metade do dia coincidiu com o indicador MACD iniciando um movimento ascendente a partir da linha zero, o que confirmou

Jakub Novak 20:16 2025-01-15 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 15 de janeiro (sessão dos EUA)

O teste do nível de preço de 1,0309 coincidiu com o indicador MACD posicionando-se significativamente acima da linha zero, o que limitou o potencial de alta do par. Por esse

Jakub Novak 19:46 2025-01-15 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 15 de janeiro. Análise das negociações de Forex de ontem

O teste do nível 158,10 ocorreu quando o indicador MACD já havia subido significativamente acima da linha zero, o que limitou o potencial de alta do dólar. Por esse motivo

Jakub Novak 16:17 2025-01-15 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 15 de janeiro. Análise das negociações de Forex de ontem

O primeiro teste do nível 1,2160 na segunda metade do dia coincidiu com o fato de o indicador MACD estar significativamente abaixo da linha zero, o que limitou o potencial

Jakub Novak 16:09 2025-01-15 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 15 de janeiro. Análise das negociações de Forex de ontem

O teste do nível de 1,0245 na segunda metade do dia coincidiu com o indicador MACD movendo-se significativamente abaixo da linha zero, o que limitou o potencial de queda

Jakub Novak 15:56 2025-01-15 UTC+2
Não pode falar agora?
Faça sua pergunta no 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.