GBPUSD trend forecast March 14, 2025
💬GBP/USD remained range-bound for the second consecutive day, hovering just below the 1.3000 level as traders took a step back, largely ignoring market developments affecting the Pound Sterling. The US Producer Price Index (PPI) showed business-level inflation cooling faster than anticipated in February. However, any optimism was short-lived as US President Donald Trump continued pushing policies that risk igniting a global trade war. Despite escalating geopolitical tensions, the GBP/USD pair has remained relatively unaffected, with the UK managing to stay under the radar amid tariff discussions.
💬 BREAKING H1 trendline, downtrend along with GBP GDP news predicts bad for GBP, creating selling pressure on GBPUSD currency pair today
🥇/// SELL GBPUSD: zone 1.29500 - 1.29700
SL: 1.30000
TP: 40 - 60 - 100pips ( 1.28700 )
Safe and profitable trading