GBPUSD trend forecast MAY 8 , 2025
💬The Pound Sterling (GBP) treads cautiously in Thursday’s European session as markets await the Bank of England’s (BoE) pivotal rate decision at 11:00 GMT. The central bank is widely expected to lower its benchmark interest rate by 25 basis points to 4.25%, marking its fourth rate cut since the onset of its easing cycle in August last year.
Analysts at Bank of America (BofA) anticipate that MPC member Swati Dhingra may advocate for a more aggressive 50-basis-point cut, while her colleagues are likely to favor a more measured 25-basis-point reduction. BofA further notes that a confluence of factors—including trade tensions stemming from U.S. President Donald Trump’s tariff policies, cooling inflation, and falling energy prices—has created a favorable backdrop for policy easing.
💬 Price breaks trend, continues to decrease. Besides, BOE interest rate is expected to cut 25 points today, continuing to put pressure on the British pound.
🥇/// SELL GBPUSD: zone 1.32750 - 1.32900
SL: 1.33150
TP: 40 - 60 - 100pips ( 1.31900 )
Safe and profitable trading
💬The Pound Sterling (GBP) treads cautiously in Thursday’s European session as markets await the Bank of England’s (BoE) pivotal rate decision at 11:00 GMT. The central bank is widely expected to lower its benchmark interest rate by 25 basis points to 4.25%, marking its fourth rate cut since the onset of its easing cycle in August last year.
Analysts at Bank of America (BofA) anticipate that MPC member Swati Dhingra may advocate for a more aggressive 50-basis-point cut, while her colleagues are likely to favor a more measured 25-basis-point reduction. BofA further notes that a confluence of factors—including trade tensions stemming from U.S. President Donald Trump’s tariff policies, cooling inflation, and falling energy prices—has created a favorable backdrop for policy easing.
💬 Price breaks trend, continues to decrease. Besides, BOE interest rate is expected to cut 25 points today, continuing to put pressure on the British pound.
🥇/// SELL GBPUSD: zone 1.32750 - 1.32900
SL: 1.33150
TP: 40 - 60 - 100pips ( 1.31900 )
Safe and profitable trading
Trade active
+ 50 pips , SELL GBPUSD ( 1.32750 - 1.32900 ) , and now continue increase Trade closed: target reached
Downtrend is active
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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/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.