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 Forecast: Breakout Toward 1.40? #shorts #gbpusd

23 Aug 2026 · 1 min

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1:10

In this YouTube short, Vladimir Ribakov provides a concise technical outlook for the GBP/USD currency pair. He notes that the pound has broken out of its recent range and is now trading above the volume‑profile balance zone, which he describes as a strong technical condition. The pair is forming higher highs and higher lows without any bearish divergence, leading him to recommend buying on dips. Ribakov highlights the broken resistance now acting as support, the importance of the consolidation zone, and the volume‑profile levels as key buying zones. He concludes that the GBP/USD is on a trajectory toward the 1.40 level, though short‑term volatility may produce a brief spike before a pullback.

Chapters

And what all that means on the pound-dollar. So you remember I was talking about it for a long time. I believe that for the long run, the pound-dollar is going to above 140. Is that already happening right now? So what I like right now is that the pound managed to break above this range and it is holding itself above the volume profile balance zone. That's a strong technical condition. And if we take a look right now, we are building higher highs, higher lows. Uh, while the market attempts to make this high as well. You can see there is no divergence against or anything like that, which makes me think this is buy the dips. On the lower time frames, I believe the pound-dollar will find some peak either from here, or maybe, maybe it will try another spike and then drop down. Uh, we have this range consolidation that's an important zone. We have the broken resistance that acted as support And of course, we have these volume profile zones. So any bounce towards these levels, for me, it simply means buy the pound-dollar. I believe we are on the way to above 140.