Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

GBPUSD analysis and trading plan- 28 April 2025 #trading #gbpusd #shorts #fyp

28 Apr 2025 · 1 min

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Vladimir Ribakov sees a bearish divergence on the 4-hour GBP/USD chart and expects the pound to complete a corrective ABCD structure before resuming an upward move. He compares the pattern to EUR/USD and predicts a longer-term rally from the current zone.

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Pound dollar and the follow-up on our last week discussion. We expected to see the bounce happening from this zone and from there longer-term rallies. Is it over? So I don't think the pound finished its corrective moment pretty much similar to the euro dollar after making this bearish divergence on the four-hour chart. In most cases, what happens After that is the pound making— the pair, right, making a corrective structure, which is ABCD correction in 2 waves, or some range for some time, uh, before the continuation to the upside.