GBPUSD trend forecast March 12, 2025
💬Although Pound Sterling (GBP) is in overbought territory, it may still have enough momentum to challenge the 1.2975 level against the US Dollar (USD) before facing an increased risk of a pullback. In the longer term, the GBP's upward trend seems poised for consolidation or a temporary pause. A drop below 1.2855 would signal a weakening of bullish momentum, according to UOB Group's FX analysts Quek Ser Leang and Peter Chia.
The GBP’s uptrend appears set for consolidation or a pause
💬 H1 timeframe forms DOW for bearish, pay attention to sell signal today
🥇/// SELL GBPUSD: zone 1.29400 - 1.29550
SL: 1.29800
TP: 40 - 60 - 100pips ( 1.28550)
Safe and profitable trading
💬Although Pound Sterling (GBP) is in overbought territory, it may still have enough momentum to challenge the 1.2975 level against the US Dollar (USD) before facing an increased risk of a pullback. In the longer term, the GBP's upward trend seems poised for consolidation or a temporary pause. A drop below 1.2855 would signal a weakening of bullish momentum, according to UOB Group's FX analysts Quek Ser Leang and Peter Chia.
The GBP’s uptrend appears set for consolidation or a pause
💬 H1 timeframe forms DOW for bearish, pay attention to sell signal today
🥇/// SELL GBPUSD: zone 1.29400 - 1.29550
SL: 1.29800
TP: 40 - 60 - 100pips ( 1.28550)
Safe and profitable trading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.