empty
11.03.2025 04:47 AM
Trading Recommendations and Analysis for GBP/USD on March 11: A Rollercoaster Ride

GBP/USD 5-Minute Analysis

This image is no longer relevant

The GBP/USD currency pair experienced fluctuations on Monday. There were no notable events in either the UK or the U.S., and Donald Trump did not announce any new tariffs, leaving the market with little to react to. Despite this, the British pound remains close to its highs and does not seem eager to initiate even a minor correction. Although there was a sharp decline in the U.S. dollar last week, we continue to support its recovery. If Trump continues to impose new sanctions weekly, the dollar may struggle to regain its strength. However, we believe last week's drop was excessive, and at the very least, a correction is warranted.

From a technical perspective, the hourly time frame lacks clear conclusions. The recent rally of the British pound has been so steep that forming a trend line is impossible. Therefore, traders should focus on key levels and lines. Important news is expected on Wednesday and Friday, but we are anticipating at least a correction following such strong growth.

In the 5-minute time frame, there were no valid trading signals on Monday, which may have worked out for the best. The price approached the 1.2863 level once but fell short by 10 pips, which cannot be considered a trading error.

COT Report

This image is no longer relevant

COT reports for the British pound indicate that the sentiment among commercial traders has been fluctuating in recent years. The red and blue lines, representing the net positions of commercial and non-commercial traders, frequently intersect and typically hover around the zero line. Currently, these lines are close to each other, indicating a roughly equal number of buy and sell positions.

On the weekly timeframe, the price initially broke the 1.3154 level before dropping to the trend line, which it subsequently broke through. This break suggests that the pound's decline is likely to continue. However, there was also a bounce from the second-to-last local low on the weekly chart, which could imply a flat market.

According to the latest COT report on the British pound, the "Non-commercial" group opened 7,800 buy contracts and closed 6,300 sell contracts. Consequently, the net position of non-commercial traders increased by 14,100 contracts over the week, which does not significantly favor the pound.

The fundamental backdrop still offers no solid reasons for long-term investments in the British pound, and the currency faces a real possibility of continuing its global downtrend. Although the pound has recently experienced a notable increase, the underlying cause appears to be related to Donald Trump's policies.

GBP/USD 1-Hour Analysis

This image is no longer relevant

In the hourly time frame, the GBP/USD pair continues its uptrend, which resembles a dollar collapse. This could be just another phase in a series of shifting trends within a broader upward correction on the daily time frame, but this correction is already overdue for completion. We still do not see any fundamental reasons for the British pound to sustain long-term growth. The only supporting factor for the pound now is Donald Trump, who appears to be unconventionally devaluing the dollar. Other market factors are being ignored. Once they come into play, the dollar could regain strength.

For March 11, the following key levels are highlighted: 1.2237-1.2255, 1.2331-1.2349, 1.2429-1.2445, 1.2511, 1.2605-1.2620, 1.2691-1.2701, 1.2796-1.2816, 1.2863, 1.2981-1.2987, 1.3050. The Senkou Span B (1.2740) and Kijun-sen (1.2822) lines can also serve as sources of signals. A Stop Loss should be placed at breakeven once the price moves 20 pips in the right direction. The Ichimoku indicator lines may shift throughout the day, so traders should consider this when analyzing signals.

On Tuesday, the UK economic calendar will be empty, while the JOLTs job openings report will be released in the U.S. However, this report is neither highly significant nor timely, as it was published with a two-month delay. Therefore, its impact on the market will likely be minimal. If the pound begins to decline, it certainly won't be because of this report.

Illustration Explanations:

  • Support and Resistance Levels (thick red lines): Thick red lines indicate where movement may come to an end. Please note that these lines are not sources of trading signals.
  • Kijun-sen and Senkou Span B Lines: Ichimoku indicator lines transferred from the 4-hour timeframe to the hourly timeframe. These are strong lines.
  • Extreme Levels (thin red lines): Thin red lines where the price has previously bounced. These serve as sources of trading signals.
  • Yellow Lines: Trendlines, trend channels, or any other technical patterns.
  • Indicator 1 on COT Charts: Represents the net position size for each category of traders.
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

GBP/USD: plan para la sesión europea del 13 de marzo. Informes COT del Commitment of Traders (análisis de las operaciones de ayer). La libra alcanza otro máximo de un mes

GBP/USD: plan para la sesión europea del 13 de marzo. Informes COT del Commitment of Traders (análisis de las operaciones de ayer). La libra alcanza otro máximo

Miroslaw Bawulski 07:23 2025-03-13 UTC+2

EUR/USD: plan para la sesión europea del 13 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). El euro apenas reaccionó a la inflación estadounidense

Ayer se formaron varios puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué ocurrió allí. En mi pronóstico de la mañana presté

Miroslaw Bawulski 07:23 2025-03-13 UTC+2

GBP/USD: plan para la sesión europea del 12 de marzo. Informes COT del Commitment of Traders (análisis de las operaciones de ayer). La libra sigue subiendo

Ayer se formaron varios puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué ocurrió. En mi pronóstico de la mañana presté atención

Miroslaw Bawulski 07:49 2025-03-12 UTC+2

EUR/USD: plan para la sesión europea del 12 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). El euro apunta a 1,10

Ayer se formaron varios puntos de entrada. Echemos un vistazo al gráfico de 5 minutos y veamos qué ocurrió. En mi previsión de la mañana, me centré en el nivel

Miroslaw Bawulski 07:49 2025-03-12 UTC+2

GBP/USD: plan para la sesión europea del 6 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). La libra sufrió una pequeña corrección

Ayer se formaron varios buenos puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué sucedió allí. En mi pronóstico de la mañana

Miroslaw Bawulski 07:19 2025-03-07 UTC+2

EUR/USD: plan para la sesión europea del 7 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). El BCE baja las tasas de interés

Ayer se formaron varios puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué sucedió allí. En mi pronóstico de la mañana presté

Miroslaw Bawulski 07:19 2025-03-07 UTC+2

GBP/USD: plan para la sesión europea del 6 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). La libra, en un nuevo máximo semanal

Ayer se formaron varios buenos puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué sucedió allí. En mi pronóstico de la mañana

Miroslaw Bawulski 07:13 2025-03-06 UTC+2

EUR/USD: plan para la sesión europea del 6 de marzo. Informes COT Commitment of Traders (análisis de las operaciones de ayer). El euro es imparable

Ayer se formaron varios puntos de entrada en el mercado. Echemos un vistazo al gráfico de 5 minutos y veamos qué ocurrió allí. En mi pronóstico de la mañana presté

Miroslaw Bawulski 07:13 2025-03-06 UTC+2

Recomendaciones para operar y análisis de las operaciones con el par GBP/USD para el 5 de marzo. La libra esterlina sigue subiéndo de precio.

El par de divisas GBP/USD también continuó subiendo de precio el martes, aunque el calendario macroeconómico estuvo totalmente vacío en esta jornada, y la libra esterlina lleva varias semanas consecutivas

Paolo Greco 06:47 2025-03-05 UTC+2

Recomendaciones para operar con el par EUR/USD y análisis de las operaciones para el 5 de marzo. El euro está rompiendo el muro de hormigón con la cabeza.

El par de divisas EUR/USD volvió a moverse al alza el martes, aunque esta vez la subida no fue tan intensa. Sin embargo, el euro sigue subiendo, aunque todavía

Paolo Greco 06:47 2025-03-05 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.