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 & trading plan - 6 February 2025 #gbpusd #trading #forex #forexsignals #fyp #shorts

6 Feb 2025 · 2 min

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2:25

In this video Vladimir Ribakov of Home Trader Club reviews the Bank of England’s recent 25‑basis‑point rate cut to 4.5% and its cautious stance despite still‑elevated inflation (CPI 3% YoY, 2.3% over two years). He explains that while the market expects further cuts, the BoE will monitor conditions and keep policy restrictive. Ribakov then shifts to a technical analysis of GBP/USD, highlighting a bullish hidden divergence followed by a bearish divergence within an ABCD correction pattern, suggesting the pair may complete the ABCD or trade in a range before a potential upside move. Based on this, he recommends a “buy the dips” strategy. The video concludes with a promotion for the Home Trader Club, offering full trading courses and real‑time education.

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Hello traders, Vladimir here from Home Trader Club. The Central Bank of England cuts the rates, uh, to by 25 points to 4.5%. And while all the 9 members voted yes to cut, and the central bank says we expect to be able to make further cuts in the future, and that's what the market currently anticipates, another cut in May The CPI for the year time is still seen on 3%, and for 2 years, 2.3%. The pressure is still here, and the way it looks right now, and in between the lines what the central bank presents, they will— they are looking to be able to cut further, but they will not rush to do so, and they will monitor everything carefully, as— and the policy will still remain restrictive. And how does that affect the, um, pound-dollar, for example? Let's take a look on the chart. So after the initial bullish price structure and ABCD correction, what happened with the pound-dollar? It completed a bullish hidden divergence, means that the buyers are still here. And after finding some good comfortable zone right here, the price bounces to the upside making another high but immediately encountered by a bearish divergence. Usually that means we should see the pound-dollar making some sort of ABCD correction or maybe some sort of move inside the range before it will be able to push further to the upside. So for me, the way I see that, and as this ABCD Broken line is now here being retested. I would expect the pound dollar after the ABCD here or some sort of a range to go and push further to the upside. So for me, buy the dips is the plan. Join our family, the Home Trader Club. Enjoy full trading courses, real-time trading education, and real-time trading opportunities. The link in the bio.