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 is building up the next waves!!! 6 Oct. 2025

6 Oct 2025 · 1 min

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1:29

In this YouTube segment, Vladimir Ribakov provides a technical analysis of the GBP/USD currency pair, emphasizing that the pair is currently at a 50/50 balance between bullish and bearish outcomes. He notes that the pound has completed a three‑wave upward move and now sits in a corrective range, unlike the euro. Ribakov outlines two possible scenarios: a bearish continuation, which he rates at about 60% probability, characterized by an ABCD corrective pattern, bearish MACD divergence, and a break below a rising trendline; and a bullish breakout, where the pair could pierce the current range, rally above 1.40, and complete the weekly cycle. He stresses the importance of watching for the completion of the ABCD cycle before any significant rally, and compares the dynamics to those observed in EUR/USD.

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important to pay attention on the GBP/USD that currently is absolutely 50/50. Prepares the ground for what's coming next. We did have the 3 waves up, we did have the ending conditions with the bearish divergence, and unlike the euro, the pound already moves within a range. That's an acceptable way of a correction after the completed cycle. So there is a probability that the pound-dollar will break above that zone and from there rallies to above the 1.40 to complete the weekly cycle. So let's break down both scenarios we want to follow because the ideal scenario here would still be a completion of this ABCD cycle before the next rally actually takes place. So let's break it down. Similar to the EUR/USD, I give it about 60% to the bearish direction. We had a trendline breaking— broken here, a retest, 2 waves down. And at the moment, for the bearish scenario, here is what I want to see: ABCD with a bearish divergence, higher highs on the chart versus lower highs on the MACD, and then break below the rising trendline and the recent low. If that happens to be this way, that's a great bearish sign for further continuation.