British Pound / U.S. Dollar
Short
Updated

GBPUSD - 31 Mar, Accumulate for uptrend

171
GBPUSD trend forecast March 31, 2025

💬The GBP/USD pair strengthens toward 1.2965 during Monday’s Asian session as concerns over US President Donald Trump’s tariffs fueling inflation and slowing economic growth weigh on the US Dollar (USD), providing support for the major currency pair.

Last week, Trump announced a 25% tariff on imported cars and light trucks, set to take effect on April 3. This move follows the existing 25% tariffs on steel and aluminum, with an additional reciprocal tariff announcement expected on Wednesday. Many analysts worry that these tariffs could negatively impact the US economy while also limiting the Federal Reserve’s (Fed) ability to cut interest rates, as they could drive inflation higher in the near term. As a result, the USD may come under further pressure, supporting additional upside potential for GBP/USD in the short term.

💬 Uptrend, large frame recovery is forming. However, price needs to sideway and accumulate before the pressure of the dollar strength returns, thanks to the strong tariff policies of the Trump administration.

🥇/// SELL GBPUSD : zone 1.29700 - 1.29800

SL: 1.30050

TP: 40 - 60 - 80pips ( 1.29000 )


Safe and profitable trading
Trade active
snapshot

great , + more than 30 pips , signal SELL GBPUSD ( 1.29700 - 1.29800 ) , nice
Trade closed: target reached
+ 45 pips, amazing signal BUY GBPUSD ( 1.29700 - -1.29800 )

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