empty
31.03.2025 07:58 PM
GBPUSD: Simple Trading Tips for Beginner Traders on March 31st (U.S. Session)

Trade Breakdown and Tips for Trading the British Pound

The price test at 1.2935 occurred when the MACD had already moved significantly below the zero mark, which limited the pair's downward potential. A short time later, there was another test of 1.2935, and this time the MACD was in the oversold zone, which enabled Scenario #2 for a buy trade. Although not immediately, the pound eventually rose.

Weak lending data from the UK put renewed pressure on the pound and limited its upward potential. Investors had likely expected more robust figures, especially considering the Bank of England's recent statements emphasizing the need for a tighter monetary policy. However, the statistics showed otherwise, triggering a wave of pound selling.

In the second half of the day, aside from the US Chicago PMI, there are no other major economic releases, so the pound does have a chance to rise. If the figure beats expectations, it could spark further pound growth. Otherwise, a downward correction may be in store. It's also important not to ignore global economic factors that could influence the currency's movement—particularly Donald Trump's statements regarding reciprocal tariffs, which are set to take effect in a number of countries in just two days.

As for the intraday strategy, I'll focus primarily on executing Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy the pound today upon reaching the entry point near 1.2972 (green line on the chart), targeting a rise to 1.3018 (thicker green line). Around 1.3018, I'll exit long positions and switch to short trades (expecting a 30–35 point move in the opposite direction). A rise in the pound today will depend on weak US data.Important: Before buying, make sure the MACD indicator is above the zero mark and just starting to rise from it.

Scenario #2: I also plan to buy the pound today in the case of two consecutive tests of the 1.2939 level, when the MACD is in the oversold zone. This will limit the pair's downward potential and could lead to an upward reversal. A move toward the opposite levels of 1.2972 and 1.3018 can be expected.

Sell Signal

Scenario #1: I plan to sell the pound after breaking below 1.2939 (red line on the chart), which should lead to a quick drop in the pair. The key target for sellers will be 1.2896, where I'll exit shorts and open immediate long positions (expecting a 20–25 point rebound from that level). Sellers are likely to step in if US data proves strong.Important: Before selling, make sure the MACD is below the zero mark and just starting to fall from it.

Scenario #2: I also plan to sell the pound today if there are two consecutive tests of 1.2972, while the MACD is in the overbought zone. This would limit the pair's upward potential and could lead to a downward reversal. A decline toward the opposite levels of 1.2939 and 1.2896 can be expected.

This image is no longer relevant

Chart Key:

  • Thin green line – entry price for buying the instrument
  • Thick green line – suggested Take Profit or manual profit-fix level, as growth beyond it is unlikely
  • Thin red line – entry price for selling the instrument
  • Thick red line – suggested Take Profit or manual profit-fix level, as further decline beyond it is unlikely
  • MACD Indicator – when entering the market, it is important to consider overbought and oversold zones

Important: Beginner Forex traders should be extremely cautious when entering the market. It's best to stay out of trades before major fundamental reports to avoid being caught in sharp price swings. If you decide to trade during news releases, always place stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you're not using money management and are trading with large volumes.

And remember, successful trading requires a clear trading plan, like the one I've outlined above. Making spontaneous trading decisions based on the current market situation is a losing strategy for any intraday trader.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

USD/JPY: Tip Dagangan Ringkas untuk Pedagang Baharu pada 26 Jun. Analisis Perdagangan Forex Semalam

Ujian pertama pada tahap harga 145.87 berlaku pada ketika penunjuk MACD sudah naik jauh di atas garis sifar, menghadkan potensi kenaikan dolar. Ujian kedua pada 145.87 tidak lama selepas

Jakub Novak 09:04 2025-06-26 UTC+2

GBP/USD: Tip Dagangan Ringkas untuk Pedagang Baharu pada 26 Jun. Analisis Perdagangan Forex Semalam

Ujian pertama di tahap harga 1.3598 berlaku apabila penunjuk MACD telah bergerak ketara di bawah garisan sifar, yang menghadkan potensi penurunan pasangan ini. Ujian kedua di 1.3598 berlaku apabila MACD

Jakub Novak 09:04 2025-06-26 UTC+2

EUR/USD: Tip Dagangan Ringkas untuk Pedagang Baharu pada 26 Jun. Analisis Dagangan Forex Semalam

Ujian harga 1.1622 berlaku ketika penunjuk MACD sudah meningkat dengan ketara di atas garis sifar, mengehadkan potensi kenaikan pasangan itu. Atas sebab ini, saya tidak membeli euro dan terlepas pergerakan

Jakub Novak 09:03 2025-06-26 UTC+2

Strategi Intraday kepada Pedagang Baharu pada 26 Jun

Permintaan terhadap aset berisiko kekal tinggi, dan dolar AS melemah dengan ketara. Selain data pasaran perumahan yang lemah dan ulasan daripada Jerome Powell, kritikan tajam oleh Trump terhadap Rizab Persekutuan

Miroslaw Bawulski 08:17 2025-06-26 UTC+2

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu untuk 25 Jun (Sesi Urusniaga Amerika Syarikat.)

Ulasan Dagangan dan Nasihat Berdagang Yen Jepun Ujian pada paras harga 145.17 berlaku serentak dengan penunjuk MACD berada dalam zon terlebih beli (overbought), yang mengehadkan potensi kenaikan pasangan mata wang

Jakub Novak 18:39 2025-06-25 UTC+2

GBP/USD: Petua Dagangan Ringkas kepada Pedagang Baharu untuk 25 Jun (Sesi Urusniaga Amerika Syarikat)

Analisis Dagangan dan Nasihat untuk Pound British Paras harga yang telah dikenal pasti tidak diuji pada separuh pertama hari ini, menyebabkan saya tidak membuka sebarang kedudukan dagangan. Ucapan Timbalan Gabenor

Jakub Novak 18:35 2025-06-25 UTC+2

EUR/USD: Petua Dagangan Ringkas kepada Pedagang Baharu untuk 25 Jun (Sesi Urusniaga Amerika Syarikat)

Analisis Dagangan dan Cadangan Berdagang untuk Euro Ujian harga pada paras 1.1602 berlaku serentak dengan pergerakan penunjuk MACD yang baru sahaja mula menurun dari tanda sifar, mengesahkan titik kemasukan yang

Jakub Novak 18:30 2025-06-25 UTC+2

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu pada 25 Jun. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Berdagang untuk Yen Jepun Ujian paras 144.84 berlaku tepat apabila penunjuk MACD mula bergerak ke bawah dari garisan sifar, sekali gus mengesahkan titik kemasukan yang tepat

Jakub Novak 08:44 2025-06-25 UTC+2

GBP/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 25 Jun. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Berdagang bagi Pound British Ujian pada paras 1.3630 berlaku apabila penunjuk MACD telahpun berada jauh di atas garisan sifar, yang mengehadkan potensi kenaikan selanjutnya bagi pasangan

Jakub Novak 08:44 2025-06-25 UTC+2

EUR/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 25 Jun. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Berdagang untuk Euro Ujian pada paras 1.1621 berlaku tepat apabila penunjuk MACD mula meningkat dari tanda sifar, mengesahkan isyarat sah untuk membuka kedudukan beli euro. Namun

Jakub Novak 08:44 2025-06-25 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula 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.