empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

03.04.202606:36 Forex Analysis & Reviews: How To Trade The GBP/USD Currency Pair On April 3? Simple Tips And Analysis For Beginners

Relevancia 00:00 2026-04-04 UTC--4

Analysis Of Trades On Thursday:

1H Chart Of The GBP/USD Pair

Exchange Rates 03.04.2026 analysis

The GBP/USD pair also posted a strong decline on Thursday, driven by Donald Trump's new threats towards Iran. There was no macroeconomic background throughout the day yesterday. Formally, a descending trend line can now be drawn, but it will need to be adjusted daily. The price continues to swing back and forth with relatively high volatility, reacting to any news related to geopolitics. Moreover, traders are responding selectively to news. Last week, from Tuesday to Thursday, the market largely ignored Trump's statements as it lost trust in him. However, this week, for unknown reasons, that trust seems to have been reinstated, causing the GBP/USD pair to swing back and forth once again. Today, the US will publish important labor market and unemployment reports, which could provoke any movement.

5M Chart Of The GBP/USD Pair

Exchange Rates 03.04.2026 analysis

On the 5-minute timeframe, three trading signals were formed on Thursday. Overnight, the pair surpassed the area of 1.3259-1.3267, but by the time the European trading session opened, the price had moved too far from the point of formation. The next signal was formed when surpassing the area of 1.3203-1.3212, but it turned out to be false. During the American trading session, a Buy signal formed in the same area, allowing novice traders to earn up to 10-20 pips.

How To Trade On Friday:

On the hourly timeframe, the latest upward trend in the GBP/USD pair has been broken. There are no global grounds for medium-term growth in the dollar, so we expect a revival of the global upward trend from 2025 in 2026. However, this requires that geopolitical tensions in the world begin to ease, because the dollar is currently in demand solely on geopolitical grounds.

On Friday, beginner traders may open new short positions if the price consolidates below the 1.3203-1.3212 range, targeting 1.3096-1.3107. A bounce from the area of 1.3203-1.3212 will allow for long positions with a target of 1.3259-1.3267.

On the 5-minute timeframe, levels to consider for trading now include: 1.3096-1.3107, 1.3203-1.3212, 1.3259-1.3267, 1.3319-1.3331, 1.3403-1.3407, 1.3437-1.3446, 1.3484-1.3489, 1.3529-1.3543, 1.3643-1.3652, 1.3695, and 1.3741-1.3751. Today, there are no important events scheduled in the UK, while in the US, critical Non-Farm Payroll and unemployment reports will be released. These reports could provoke either a strong movement in either direction or a rather weak market reaction.

Key Principles of the Trading System:

  1. The strength of the signal is determined by the time it took to form the signal (bounce or level breakthrough). The shorter the time, the stronger the signal.
  2. If two or more trades were opened around any level based on false signals, all subsequent signals from that level should be ignored.
  3. In a range, any pair can generate a lot of false signals or may not generate them at all. Technical levels may be ignored.
  4. On the hourly timeframe, it is advisable to trade signals from the MACD indicator only when there is good volatility and a trend that is confirmed by a trendline or trend channel.
  5. If two levels are located too close together (5-20 pips apart), they should be considered a support or resistance area.
  6. After moving 15 pips in the correct direction, a Stop Loss should be set to breakeven.

What to Look for on the Charts:

Price levels of support and resistance are levels that serve as targets when opening buys or sells. Take Profit levels can be placed around them.

Red lines represent channels or trend lines that show the current trend and indicate the direction in which it is preferable to trade now.

The MACD indicator (14,22,3) – the histogram and the signal line – is a supporting indicator that can also be used as a source of signals.

Important speeches and reports (always included in the news calendar) can significantly affect the movement of the currency pair. Therefore, during their release, trading should be done with utmost caution, or traders should exit the market to avoid sharp price reversals against the previous movement.

Beginning traders in the forex market should remember that not every trade can be profitable. Developing a clear strategy and effective money management are the keys to long-term trading success.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Paolo Greco,
Analytical expert of InstaSpot
© 2007-2026
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.