GBPUSD trend forecast April 11 , 2025
💬Following a third straight day of gains on Wednesday, GBP/USD maintains its upward momentum and climbs roughly 1% on the day, trading near the 1.3100 level.
Persistent weakness in the US Dollar
The ongoing decline in the US Dollar (USD) continues to support the pair’s upward movement into Friday, as growing concerns over the escalating US-China trade dispute weigh heavily on the outlook for the US economy.
In response to US President Donald Trump’s move to raise tariffs on Chinese products, China’s Ministry of Finance announced on Friday that it will increase tariffs on US imports from 84% to 125% starting April 12.
💬 GBPUSD continues uptrend due to DXY weakness, waiting for strong resistance to set up sell signal 1.31800
🥇/// SELL GBPUSD : zone 1.31800 - 1.32000
SL: 1.32300
TP: 40 - 100 - 200pips ( 1.30000 )
Safe and profitable trading
💬Following a third straight day of gains on Wednesday, GBP/USD maintains its upward momentum and climbs roughly 1% on the day, trading near the 1.3100 level.
Persistent weakness in the US Dollar
The ongoing decline in the US Dollar (USD) continues to support the pair’s upward movement into Friday, as growing concerns over the escalating US-China trade dispute weigh heavily on the outlook for the US economy.
In response to US President Donald Trump’s move to raise tariffs on Chinese products, China’s Ministry of Finance announced on Friday that it will increase tariffs on US imports from 84% to 125% starting April 12.
💬 GBPUSD continues uptrend due to DXY weakness, waiting for strong resistance to set up sell signal 1.31800
🥇/// SELL GBPUSD : zone 1.31800 - 1.32000
SL: 1.32300
TP: 40 - 100 - 200pips ( 1.30000 )
Safe and profitable trading
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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.