GBPUSD trend forecast March 19, 2025
💬The GBP/USD pair edges lower, hovering around 1.2990 during the Asian session on Wednesday after recording gains in the previous two trading days. The pair struggles as the US Dollar (USD) remains resilient, supported by steady US Treasury yields ahead of the Federal Reserve's (Fed) interest rate announcement later in the day. Markets largely anticipate that the Fed will keep rates unchanged due to ongoing inflation concerns and economic uncertainty.
The US Dollar Index (DXY), which tracks the USD against a basket of six major currencies, trades near 103.40. Meanwhile, yields on 2-year and 10-year US Treasury bonds are at 4.04% and 4.29%, respectively, at the time of writing. However, the Greenback faces headwinds from disappointing US economic data and renewed tariff threats from US President Donald Trump, adding to investor caution.
💬 gbpusd continues to move in an upward trend line, the FED will almost certainly keep the current interest rate unchanged. However, the pressure of economic recession may cause the FED to loosen interest rates in the shortest time, creating downward pressure on the dollar.
🥇/// BUY GBPUSD: zone 1.29750 - 1.29600
SL: 1.29400
TP: 40 - 60 - 100pips ( 1.30600
Safe and profitable trading
💬The GBP/USD pair edges lower, hovering around 1.2990 during the Asian session on Wednesday after recording gains in the previous two trading days. The pair struggles as the US Dollar (USD) remains resilient, supported by steady US Treasury yields ahead of the Federal Reserve's (Fed) interest rate announcement later in the day. Markets largely anticipate that the Fed will keep rates unchanged due to ongoing inflation concerns and economic uncertainty.
The US Dollar Index (DXY), which tracks the USD against a basket of six major currencies, trades near 103.40. Meanwhile, yields on 2-year and 10-year US Treasury bonds are at 4.04% and 4.29%, respectively, at the time of writing. However, the Greenback faces headwinds from disappointing US economic data and renewed tariff threats from US President Donald Trump, adding to investor caution.
💬 gbpusd continues to move in an upward trend line, the FED will almost certainly keep the current interest rate unchanged. However, the pressure of economic recession may cause the FED to loosen interest rates in the shortest time, creating downward pressure on the dollar.
🥇/// BUY GBPUSD: zone 1.29750 - 1.29600
SL: 1.29400
TP: 40 - 60 - 100pips ( 1.30600
Safe and profitable trading
Trade active
+ 20 pips , signal BUY GBPUSD ( 1.29750 - 1.29600 )Trade closed: target reached
GBPUSD is still sideway around 1,29700. Price accumulates waiting for interest rate information of fed
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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.