empty
30.11.2021 07:05 AM
Trading plan for GBP/USD on November 30, 2021

A flat movement is formed on the GBP/USD pair on the third day, which indicates a balance in the number of limit buyers and sellers. It should be noted that leaving the zone with a pin will indicate further trading direction.

Today, the pair is in between two significant zones. The Weekly Control Zone 1/2 1.3283-1.3266 acts as support, which was already tested on Friday. Meanwhile, the Weekly Control Zone 1/4 1.3371-1.3363 acts as resistance.

As long as the pair is trading in a range and there is no direction, neither buying nor selling is profitable. In order to open a safe trade, it is necessary to close the day trading outside one of these zones.

This image is no longer relevant

Any of the above options will be beneficial. It is important that we can determine the further direction. If the pair continues to trade flat, it is better to look for opportunities on other instruments that are already forming growth patterns against the US dollar. The pattern of a "false breakdown" of any of the extremes will only strengthen the further movement in the opposite direction.

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Sergey Mityukov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

How to Trade GBP/USD on July 11h? Simple Tips and Trade Analysis for Beginners

Thursday Trade Review: GBP/USD, 1H Chart On Thursday, the GBP/USD pair continued its downward movement, mirroring the EUR/USD pair. The behavior of these two major currency pairs was nearly identical

Paolo Greco 08:43 2025-07-11 UTC+2

How to Trade EUR/USD on July 11th? Simple Tips and Trade Review for Beginners

On Thursday, the EUR/USD currency pair continued its weak downward movement in line with the current trend. We've been saying the same thing all week because very little is changing

Paolo Greco 08:36 2025-07-11 UTC+2

GBP/USD Trading Recommendations and Trade Review for July 11th

On Thursday, the GBP/USD currency pair continued its moderate decline. Over the past two weeks, the British pound has depreciated by 220 points, with approximately 150 of those losses occurring

Paolo Greco 08:30 2025-07-11 UTC+2

EUR/USD Trading Recommendations and Trade Review for July 11th

EUR/USD 5M Analysis On Thursday, the EUR/USD currency pair continued its sluggish decline, completely ignoring the fundamental backdrop. As a reminder, this week Donald Trump announced new tariffs targeting both

Paolo Greco 08:19 2025-07-11 UTC+2

How to Trade the GBP/USD Currency Pair on July 10th: Simple Tips and Trade Analysis for Beginners

Wednesday Trade Analysis: GBP/USD – 1H Chart On Wednesday, the GBP/USD pair was also stuck in a flat movement, with very low volatility. There were virtually no price movements during

Paolo Greco 08:56 2025-07-10 UTC+2

How to Trade the EUR/USD Currency Pair on July 10th: Simple Tips and Trade Analysis for Beginners

Wednesday Trade Analysis: EUR/USD – 1H Chart On Wednesday, the EUR/USD pair continued to trade in line with the prevailing trend from the previous week. Market activity was minimal throughout

Paolo Greco 08:48 2025-07-10 UTC+2

Trading Recommendations and Trade Review for GBP/USD on July 10th

On Wednesday, GBP/USD remained within its descending channel. However, a more interesting setup emerged in the 4-hour time frame, where the price attempted several times to break through the Senkou

Paolo Greco 06:57 2025-07-10 UTC+2

Trading Recommendations and Trade Review for EUR/USD on July 10th

On Wednesday, the EUR/USD pair continued moving within a weak downward channel, as previously forecast. However, volatility dropped to a minimum, there was no macroeconomic backdrop for the third consecutive

Paolo Greco 06:45 2025-07-10 UTC+2

How to Trade the GBP/USD Currency Pair on July 9th: Simple Tips and Trade Analysis for Beginners

On Tuesday, the GBP/USD pair continued its moderate downward movement, which is clearly of a technical and corrective nature. On both Monday and Tuesday, there were no significant macroeconomic events

Paolo Greco 08:46 2025-07-09 UTC+2

How to Trade the EUR/USD Currency Pair on July 9th? Simple Tips and Trade Breakdown for Beginners

On Tuesday, the EUR/USD currency pair continued its mild downward movement in line with the prevailing trend. After a fairly strong upward move, the market began a correction. The nature

Paolo Greco 08:28 2025-07-09 UTC+2
Can't speak right now?
Ask your question in the 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.