empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
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
13.06.2025 12:44 PM
GBP/USD: Simple Trading Tips for Beginner Traders – June 13th (U.S. Session)
Open trading account Open demo account

Trade Analysis and Tips for Trading the British Pound

The 1.3526 price test in the first half of the day occurred when the MACD indicator had been in oversold territory for a prolonged period and began to recover, which allowed Scenario #2 for buying to unfold, resulting in a modest rise toward the 1.3555 level.

In the second half of the day, the University of Michigan Consumer Sentiment Index and inflation expectations are scheduled for release. The market's response to this data is likely to be moderate, given the current geopolitical backdrop.

The sentiment index reflects the confidence or concern of citizens and indirectly signals their willingness to spend. In times of geopolitical uncertainty, a sharp drop in this index can foreshadow declining consumer demand, which negatively impacts economic growth. This amplifies the pressure already caused by external shocks. Inflation expectations, in turn, influence the behavior of both consumers and businesses. Persistent growth in these expectations prompts consumers to make purchases immediately out of fear that prices will rise further.

Therefore, despite geopolitics dominating the headlines, close attention to these economic indicators remains crucial. They help gauge how severely geopolitical shocks are affecting the economy and what action may be necessary to mitigate the impact. Ignoring these signals is akin to trading blindly — and that can lead to costly mistakes.

As for the intraday strategy, I will continue to rely on the implementation of Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1:I plan to buy the pound today at the entry point near 1.3572 (green line on the chart), targeting a rise to 1.3609 (thicker green line). At 1.3609, I will exit long positions and open shorts in the opposite direction, aiming for a 30–35 point pullback. A strong rally in the pound today is unlikely. Important: Before buying, ensure the MACD indicator is above the zero line and just starting to rise.

Scenario #2:I also plan to buy the pound if the price tests 1.3542 twice consecutively while the MACD is in the oversold zone. This will limit the pair's downward potential and trigger an upward reversal. A rise toward the 1.3572 and 1.3609 levels can be expected.

Sell Signal

Scenario #1:I plan to sell the pound today after a break below 1.3542 (red line on the chart), which could lead to a swift decline. The key target for sellers will be 1.3508, where I will exit short positions and open longs in the opposite direction, aiming for a 20–25 point rebound. Sellers may become active at any moment. Important: Before selling, ensure the MACD indicator is below the zero line and just starting to decline.

Scenario #2:I also plan to sell the pound if the price tests 1.3572 twice consecutively while the MACD is in the overbought zone. This will limit the pair's upward potential and trigger a downward reversal. A decline toward 1.3542 and 1.3508 can then be expected.

This image is no longer relevant

On the Chart:

  • Thin green line – entry price for long positions
  • Thick green line – suggested take-profit level; further growth above this is unlikely
  • Thin red line – entry price for short positions
  • Thick red line – suggested take-profit level; further decline below this is unlikely
  • MACD Indicator – overbought and oversold zones should guide market entries

Important Note for Beginner Forex Traders:

Beginner traders should make market entry decisions with great caution. It is best to stay out of the market before major economic reports to avoid sharp price fluctuations. If you choose to trade during news releases, always place stop-loss orders to minimize losses. Without them, you can lose your entire deposit very quickly — especially if you trade large volumes without proper money management.

And remember: successful trading requires a clear trading plan, such as the one presented above. Making spontaneous decisions based on live market conditions is a 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
Wave analysis
GBP/USD Analysis on June 24, 2025 The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave sequence. The wave pattern is nearly identical to that of EUR/USD, as the main driver
Chin Zhao
19:35 2025-06-24 +02:00
1810
Wave analysis
EUR/USD Analysis on June 24, 2025 The wave pattern on the 4-hour EUR/USD chart continues to indicate the formation of an upward trend segment. This transformation has occurred solely due to the new U.S. trade policy
Chin Zhao
19:29 2025-06-24 +02:00
1750
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 – June 24th (U.S. Session)

Trade Analysis and Guidance for the Japanese Yen A price test at 144.97 occurred while the MACD was already far above the zero line, which prevented Scenario #1 (selling
Jakub Novak 18:45 2025-06-24 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – June 24th (U.S. Session)

Trade Analysis and Guidance for the British Pound A price test at 1.3608 in the first half of the day coincided with the MACD indicator having already moved significantly above
Jakub Novak 18:42 2025-06-24 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – June 24th (U.S. Session)

Trade Analysis and Guidance for the Euro A price test at 1.1597 coincided with the MACD indicator just beginning to move down from the zero line, which enabled a short-selling
Jakub Novak 18:39 2025-06-24 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 24. Analysis of Yesterday's Forex Trades

The price test at 147.72 coincided with the MACD indicator beginning to move downward from the zero mark, confirming a valid entry point for selling the dollar and resulting
Jakub Novak 09:07 2025-06-24 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 24. Analysis of Yesterday's Forex Trades

The price test at 1.3393 coincided with when the MACD indicator had just begun to move upward from the zero mark, confirming a valid entry point for buying the pound
Jakub Novak 09:07 2025-06-24 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 24. Analysis of Yesterday's Forex Trades

The price test at 1.1483 aligned with the MACD indicator's upward movement from the zero mark, confirming a valid entry point for buying the euro. As a result, the pair
Jakub Novak 09:07 2025-06-24 UTC+2

Intraday Strategies for Beginner Traders on June 24

This morning, the euro may continue its upward movement, but solid data must be released for that to happen. Expected releases include the German IFO Business Climate Index, the Current
Miroslaw Bawulski 08:44 2025-06-24 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders for June 23rd (U.S. Session)

Trade Analysis and Tips for Trading the Japanese Yen The test of the 147.48 level occurred when the MACD indicator was in the overbought zone, which prevented scenario #1
Jakub Novak 18:18 2025-06-23 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders for June 23rd (U.S. Session)

Trade Analysis and Tips for Trading the British Pound The price test at 1.3420 in the first half of the day coincided with the MACD indicator just starting to move
Jakub Novak 18:14 2025-06-23 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders for June 23rd (U.S. Session)

Analysis of Trades and Trading Tips for the Euro The price test at 1.1499 coincided with the MACD indicator beginning to move downward from the zero mark, which allowed
Jakub Novak 18:10 2025-06-23 UTC+2

Top analytics

Relevance up to 01:00 2025-06-25 UTC--5
EUR/USD: Simple Trading Tips for Beginner Traders on June 24. Analysis of Yesterday's Forex Trades
09:07 2025-06-24
Forecast
Relevance up to 02:00 2025-06-26 UTC--5
The Whole World is a Stage, and Countries Are Its Actors... (A Limited Decline in Gold and a Rise in Bitcoin Are Possible)
09:25 2025-06-24
Fundamental analysis
Relevance up to 03:00 2025-06-25 UTC--5
Forecast for EUR/USD on June 24, 2025
10:48 2025-06-24
Technical analysis
Relevance up to 23:00 2025-06-24 UTC--5
How to Trade the GBP/USD Pair on June 24? Simple Tips and Trade Analysis for Beginners
06:57 2025-06-24
Trading plan
Relevance up to 19:00 2025-06-24 UTC--5
EUR/USD Overview – June 24: Iran Exits Talks and Launches a Retaliatory Strike
03:45 2025-06-24
Fundamental analysis
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.