GBPUSD trend forecast January 30, 2025
The US fourth-quarter Gross Domestic Product (GDP) data is set for release on Thursday. Market expectations indicate a slowdown in annualized GDP growth, with a projected figure of 2.6%, down from the previous 3.1%. Inflation remains a concern, and the Q4 GDP Price Index is anticipated to rise to 2.5% from 1.9%.
On Friday, the Core Personal Consumption Expenditures Price Index (PCEPI) will be published. The monthly PCEPI for December is expected to increase slightly to 0.2% month-over-month from the prior 0.1%, while the annualized rate is forecasted to remain steady at 2.8% year-over-year—still above the Federal Reserve’s 2% target, potentially tempering expectations for accelerated rate adjustments.
Price is still mainly accumulating - moving up the price line, today broke the H1 frame waiting for buy entry
/// BUY GBPUSD : zone 1.24250- 1.24050
SL: 1.23800
TP: 40 - 70 - 150pips ( 1.25550 )
Safe and profitable trading
The US fourth-quarter Gross Domestic Product (GDP) data is set for release on Thursday. Market expectations indicate a slowdown in annualized GDP growth, with a projected figure of 2.6%, down from the previous 3.1%. Inflation remains a concern, and the Q4 GDP Price Index is anticipated to rise to 2.5% from 1.9%.
On Friday, the Core Personal Consumption Expenditures Price Index (PCEPI) will be published. The monthly PCEPI for December is expected to increase slightly to 0.2% month-over-month from the prior 0.1%, while the annualized rate is forecasted to remain steady at 2.8% year-over-year—still above the Federal Reserve’s 2% target, potentially tempering expectations for accelerated rate adjustments.
Price is still mainly accumulating - moving up the price line, today broke the H1 frame waiting for buy entry
/// BUY GBPUSD : zone 1.24250- 1.24050
SL: 1.23800
TP: 40 - 70 - 150pips ( 1.25550 )
Safe and profitable trading
Trade active
GBPUSD is starting to decrease on Entry Buy, the trend is exactly todayTrade closed: target reached
+ 55 pips , signal BUY GBPUSD ( zone 1.24250 - 1.24050 ) , amazing MOON | Forex Academy hopes to bring the best experience to the Forex community
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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.