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 Sell rallies plan - 3 Nov. 2025 #gbpusd #forex #forexsignals #hometraderclub

2 Nov 2025 · 1 min

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In this brief market commentary, Vladimir Ribakov evaluates the GBP/USD pair, arguing that the true bottom has not yet formed and may lie around the 100% Fibonacci retracement or slightly lower. He anticipates a final downward wave that would enable a bullish divergence on the MACD, signaling a potential reversal. Ribakov outlines specific price zones to monitor—130.160‑75, 138.10‑130 (corrected to 132.10‑132.30), and the area around 132.80—where broken support could turn into resistance. As long as these levels hold, he suggests that upward rallies present sell‑on‑rally opportunities for traders.

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Do we have a bottom on the pound dollar? I don't think so. I believe the bottom is yet to complete. That could be around the 100% Fibonacci, maybe even a bit lower. So the ideal scenario I want to see on the pound dollar after making two waves to the downside is actually to complete one more final drop until a bullish divergence would form on and the MACD. So watch out for these key levels: high access supply, high access supply, broken support becomes a resistance. As long as these levels hold, I believe these rallies should provide for us further sell opportunities. The levels to pay attention to: 130.160 up to 75, 138.10 up to 130— sorry, 132.10 up to 132.30, and of course around the 132.80 surrounding