GBPUSD trend forecast March 10, 2025
💬The USD Index (DXY), which measures the Greenback against a basket of major currencies, remains near its lowest level since early November after weaker-than-expected US employment data on Friday. The latest Nonfarm Payrolls (NFP) report revealed that the US economy added 151K jobs in February, falling short of consensus forecasts. Additionally, the previous month's figure was revised lower to 125K, while the Unemployment Rate unexpectedly rose to 4.1% from 4.0% in January.
Concerns over the potential negative impact of US President Donald Trump's policies on economic activity further fuel speculation that the Federal Reserve (Fed) will proceed with multiple rate cuts this year. Markets are currently pricing in approximately three 25-basis-point rate cuts in 2025, keeping pressure on the US Dollar and supporting the GBP/USD pair. Even comments from Fed Chair Jerome Powell, emphasizing that the central bank is in no rush to lower interest rates, failed to provide any relief for USD bulls.
💬 At the beginning of the week, the price moved along the H1 trendline, returning to the breakout price zone following the uptrend.
🥇/// BUY GBPUSD: zone 1.29100 - 1.28950
SL: 1.28700
TP: 40 - 60 - 100pips ( 1.29950 )
Safe and profitable trading
💬The USD Index (DXY), which measures the Greenback against a basket of major currencies, remains near its lowest level since early November after weaker-than-expected US employment data on Friday. The latest Nonfarm Payrolls (NFP) report revealed that the US economy added 151K jobs in February, falling short of consensus forecasts. Additionally, the previous month's figure was revised lower to 125K, while the Unemployment Rate unexpectedly rose to 4.1% from 4.0% in January.
Concerns over the potential negative impact of US President Donald Trump's policies on economic activity further fuel speculation that the Federal Reserve (Fed) will proceed with multiple rate cuts this year. Markets are currently pricing in approximately three 25-basis-point rate cuts in 2025, keeping pressure on the US Dollar and supporting the GBP/USD pair. Even comments from Fed Chair Jerome Powell, emphasizing that the central bank is in no rush to lower interest rates, failed to provide any relief for USD bulls.
💬 At the beginning of the week, the price moved along the H1 trendline, returning to the breakout price zone following the uptrend.
🥇/// BUY GBPUSD: zone 1.29100 - 1.28950
SL: 1.28700
TP: 40 - 60 - 100pips ( 1.29950 )
Safe and profitable trading
Trade active
+ 50 pips, amazing signal BUY GBPUSD ( 1.29100 - 1.28950 ) , nice 
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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/+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.