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 part 2 - 2 March 2025 #trading #gbpusd #forex #forexsignals

2 Mar 2025 · 1 min

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Vladimir Ribakov analyzes GBP/USD price action, identifying a former resistance level that now acts as support. He expects the pair to consolidate near this zone, similar to how EUR/USD has behaved, with a rising trend line reinforcing the demand area.

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have this fantastic zone, broken resistances, uh, previous demand area. Now it becomes a support zone. Of course, we have the rising supportive line. This, from my point of view, a key zone on the short term where I do expect the pound-dollar to basically stop. The way it behaves is very likely reminding something like that. Uh, pretty much similar to what, to what we could anticipate, uh, from the euro dollar. But this is the first zone, uh, which is from my point of view the key