Forex Weekly Forecast: EURUSD, GBPUSD, GBPJPY & Gold Analysis | August 3–7, 2026
FOREX WEEKLY FORECAST for August 3–7, 2026: EURUSD, GBPUSD, GBPJPY and Gold (XAUUSD) technical analysis, key support and resistance zones, market structure, divergence signals and the trading scenarios Vladimir Ribakov is watching this week.
Following the Federal Reserve interest-rate decision and the market’s strong reaction against the US dollar, Vladimir examines what the latest price action could mean for the major forex pairs and gold. This weekly forex forecast combines multi-timeframe analysis, supply and demand, support and resistance, ABCD patterns, MACD and RSI divergence, trendlines and price structure to identify the levels that could shape the next move.
IN THIS WEEK’S FOREX FORECAST:
EURUSD ANALYSIS
EURUSD invalidated last week’s main bearish scenario and moved toward the alternative ABCD path. While the longer-term outlook remains cautious, the short-term structure may still support a move into major daily supply and volume-profile resistance.
Vladimir explains the demand zone that must hold, where buyers may remain active and what confirmation he wants before considering a potential bearish reversal.
GBPUSD ANALYSIS
GBPUSD delivered the expected decline before reacting from bullish divergence. The four-hour chart is now forming higher highs and higher lows, creating a possible buy-the-dip scenario while the latest swing low holds.
The analysis highlights the breakout that would strengthen the bullish case and the supply levels that may become the next upside targets.
GBPJPY ANALYSIS
GBPJPY followed the alternative bearish scenario discussed in previous forecasts. The pair is showing developing divergence across the monthly and weekly charts, a weekly evening-star pattern and a break of the recent rising trendline.
Vladimir identifies the pullback zones that could act as resistance if bearish pressure continues.
GOLD / XAUUSD ANALYSIS
Gold remains trapped around an important range, with short-term bearish pressure still present. Vladimir covers two possible paths: a breakdown toward a major liquidity area followed by bullish divergence, or a deeper ABCD correction before another decline.
The focus is on waiting for confirmation around the daily and weekly demand zones rather than chasing price.
VIDEO CHAPTERS:
00:00 Weekly forex market outlook
00:13 Fed decision and the US dollar reaction
01:48 Home Trader Club and AvaTrade
02:54 EURUSD forecast
05:49 GBPUSD forecast
07:52 GBPJPY forecast
10:18 Gold and XAUUSD forecast
12:18 Weekly recap and closing thoughts
GET UNLIMITED ACCESS TO HOME TRADER CLUB AND OUR TRADE COPIER PROJECT WITH AVATRADE:
Eligible adults can open and fund an AvaTrade account through our official partnership link to receive unlimited access to Home Trader Club, including structured forex education, full trading courses, real-time market analysis and our active trading community.
Open your AvaTrade account through this link:
https://tracking.avapartner.com/dR0AAA
Complete the registration, verification and account-funding process.
Contact me on Telegram after funding your account:
https://t.me/VladimirRibakov
Once your eligible account is verified through our partnership link, your Home Trader Club access will be activated.
Availability is subject to age, jurisdiction, eligibility and AvaTrade approval. The link is an affiliate link, which means I may receive compensation at no additional cost to you.
DOWNLOAD MY FREE FOREX TRADING E-BOOKS:
Access my collection of free forex education and strategy e-books:
https://vladimirribakov.com/free-ebooks/
JOIN OUR TRADING COMMUNITY - HOME TRADER CLUB:
https://hometraderclub.com
SUBSCRIBE FOR WEEKLY FOREX ANALYSIS AND TRADING EDUCATION:
https://www.youtube.com/@VladimirRibakov
If this analysis helps you prepare for the trading week, please like the video, subscribe and share your outlook in the comments:
Which market are you watching most closely—EURUSD, GBPUSD, GBPJPY or Gold?
IMPORTANT RISK WARNING:
This video is provided for educational and informational purposes only and does not constitute financial or investment advice. Forex and CFD trading involves substantial risk and may not be suitable for everyone. Leveraged trading can result in losses, and past performance does not guarantee future results. Always conduct your own research, apply appropriate risk management and never trade money you cannot afford to lose. Trading accounts and leveraged products are available only to eligible adults and may not be offered in every jurisdiction.
#ForexWeeklyForecast #ForexAnalysis #GoldAnalysis
Following the Federal Reserve interest-rate decision and the market’s strong reaction against the US dollar, Vladimir examines what the latest price action could mean for the major forex pairs and gold. This weekly forex forecast combines multi-timeframe analysis, supply and demand, support and resistance, ABCD patterns, MACD and RSI divergence, trendlines and price structure to identify the levels that could shape the next move.
IN THIS WEEK’S FOREX FORECAST:
EURUSD ANALYSIS
EURUSD invalidated last week’s main bearish scenario and moved toward the alternative ABCD path. While the longer-term outlook remains cautious, the short-term structure may still support a move into major daily supply and volume-profile resistance.
Vladimir explains the demand zone that must hold, where buyers may remain active and what confirmation he wants before considering a potential bearish reversal.
GBPUSD ANALYSIS
GBPUSD delivered the expected decline before reacting from bullish divergence. The four-hour chart is now forming higher highs and higher lows, creating a possible buy-the-dip scenario while the latest swing low holds.
The analysis highlights the breakout that would strengthen the bullish case and the supply levels that may become the next upside targets.
GBPJPY ANALYSIS
GBPJPY followed the alternative bearish scenario discussed in previous forecasts. The pair is showing developing divergence across the monthly and weekly charts, a weekly evening-star pattern and a break of the recent rising trendline.
Vladimir identifies the pullback zones that could act as resistance if bearish pressure continues.
GOLD / XAUUSD ANALYSIS
Gold remains trapped around an important range, with short-term bearish pressure still present. Vladimir covers two possible paths: a breakdown toward a major liquidity area followed by bullish divergence, or a deeper ABCD correction before another decline.
The focus is on waiting for confirmation around the daily and weekly demand zones rather than chasing price.
VIDEO CHAPTERS:
00:00 Weekly forex market outlook
00:13 Fed decision and the US dollar reaction
01:48 Home Trader Club and AvaTrade
02:54 EURUSD forecast
05:49 GBPUSD forecast
07:52 GBPJPY forecast
10:18 Gold and XAUUSD forecast
12:18 Weekly recap and closing thoughts
GET UNLIMITED ACCESS TO HOME TRADER CLUB AND OUR TRADE COPIER PROJECT WITH AVATRADE:
Eligible adults can open and fund an AvaTrade account through our official partnership link to receive unlimited access to Home Trader Club, including structured forex education, full trading courses, real-time market analysis and our active trading community.
Open your AvaTrade account through this link:
https://tracking.avapartner.com/dR0AAA
Complete the registration, verification and account-funding process.
Contact me on Telegram after funding your account:
https://t.me/VladimirRibakov
Once your eligible account is verified through our partnership link, your Home Trader Club access will be activated.
Availability is subject to age, jurisdiction, eligibility and AvaTrade approval. The link is an affiliate link, which means I may receive compensation at no additional cost to you.
DOWNLOAD MY FREE FOREX TRADING E-BOOKS:
Access my collection of free forex education and strategy e-books:
https://vladimirribakov.com/free-ebooks/
JOIN OUR TRADING COMMUNITY - HOME TRADER CLUB:
https://hometraderclub.com
SUBSCRIBE FOR WEEKLY FOREX ANALYSIS AND TRADING EDUCATION:
https://www.youtube.com/@VladimirRibakov
If this analysis helps you prepare for the trading week, please like the video, subscribe and share your outlook in the comments:
Which market are you watching most closely—EURUSD, GBPUSD, GBPJPY or Gold?
IMPORTANT RISK WARNING:
This video is provided for educational and informational purposes only and does not constitute financial or investment advice. Forex and CFD trading involves substantial risk and may not be suitable for everyone. Leveraged trading can result in losses, and past performance does not guarantee future results. Always conduct your own research, apply appropriate risk management and never trade money you cannot afford to lose. Trading accounts and leveraged products are available only to eligible adults and may not be offered in every jurisdiction.
#ForexWeeklyForecast #ForexAnalysis #GoldAnalysis
