British Pound / U.S. Dollar
Long
Updated

GBPUSD - 26 Mar, break resistance and news GBP

113
GBPUSD trend forecast March 26, 2025

💬GBP/USD hovers near the 1.3000 level as bullish momentum stalls, with traders settling into a midrange following a short-lived recovery. The pair has yet to establish a clear pullback, as both Pound Sterling and US Dollar traders await stronger economic signals from their respective economies.

On Tuesday, the US Conference Board (CB) reported a further rise in one-year consumer inflation expectations, increasing to 6.2% in March from 5.8% in February. Consumers remain deeply concerned about the persistently high costs of essential goods, such as eggs, and the potential inflationary impact of tariffs imposed by the Trump administration. Additionally, the CB’s consumer confidence survey for future economic expectations fell to a 12-year low in March, registering 65.2—well below the 80.0 level that typically signals a potential recession.

💬 The focus will be on GBP CPI news today. In the context of Europe, there will be volatility when the Trump administration will have official tax moves in early April. The price zone broke the small frame resistance and continued to recover.

🥇/// BUY GBPUSD : zone 1.29330 - 1.29200

SL: 1.28930

TP: 40 - 60 - 100pips ( 1.30200 )


Safe and profitable trading
Trade active
Running profit : GBPUSD price reaction increased
Note
snapshot

+ 15 pips profit entry BUY GBPUSD ( 1.29330 - 1.29200 )

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.