GBP/USD Daily Price Forecast – 11th June 2025

GBP/USD Daily Price Forecast – 11th June 2025

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Trade Summary:

GBPUSD
Buy Stop @ 1.35893
TP @ 1.36380
SL @ 1.35190

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GBP/USD Analysis (H4 Chart)

Overview

The chart provided is a 4-hour (H4) timeframe for GBP/USD, showing a bearish setup with key levels marked for a potential sell trade. The analysis includes a Sell Stop order, Stop Loss (SL), and Take Profit (TP) levels.

Key Observations

• Trend Analysis:

  • The price is trading below the 50-period Moving Average (yellow) and the 200-period Moving Average (red), indicating a bearish trend.

  • The recent price action shows lower highs and lower lows, further confirming bearish momentum.

• Sell Stop Order:

  • A Sell Stop is placed at 1.34759, below the current price level. This suggests anticipation of further downside if the price breaks below this level.

• Stop Loss (SL):

  • The Stop Loss is set at 1.35400, above the recent swing high. This level provides a buffer in case of a reversal, protecting against unexpected upward movement.

• Take Profit (TP):

  • The Take Profit is set at 1.34407, targeting a key support level. This level aligns with previous price action, where the market found support.

• Support and Resistance Levels:

  • Resistance: The area around 1.35400 acts as a strong resistance zone, as it coincides with the recent swing high.

  • Support: The 1.34407 level is a significant support zone, as it aligns with previous price reactions.

• Bearish Crossover:

  • The 50-period MA has crossed below the 200-period MA, forming a “death cross,” which is a strong bearish signal.

Trade Setup

• Entry: Sell Stop at 1.34759.

• Stop Loss: 1.35400 (above resistance).

• Take Profit: 1.34407 (near support).

Risk-Reward Ratio

• Risk: The distance between the entry (1.34759) and the stop loss (1.35400) is 64 pips.

• Reward: The distance between the entry (1.34759) and the take profit (1.34407) is 35 pips.

• Risk-Reward Ratio: Approximately 1.8:1, which is acceptable for a short-term trade.

Conclusion

The GBP/USD pair is showing bearish momentum, supported by moving averages and price action. The trade setup is well-structured, with a clear entry, stop loss, and take profit. However, traders should monitor key economic events and news that could impact the pair, such as interest rate decisions or geopolitical developments.

Recommended Lot Size

Trading is all about statistics.

While we can experience winning streaks, we can also suffer from losing streaks.

As such, we should always size each trade to withstand losing streaks (if any).

It’s widely recommended that you should not risk more than 2% of your capital for each trade.

We believe it’s easier to control your lot size by limiting your lot sizing to 0.01 for every $500 in your account.

So if you have $5000, then risk no more than 0.10 lot size per trade.

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If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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