GBPUSD 4H Analysis
Technical Outlook — April 9, 2025
Currently trading around 1.2775, GBPUSD is showing signs of bearish momentum after breaking below the 200 EMA on the 4H timeframe.
Key Technical Highlights:
Possible Scenarios:
Important Note:
FOMC Rate Decision is scheduled for today — expect heightened volatility across USD pairs. Be cautious with risk management during the news event.
If you found this analysis valuable, kindly consider boosting and following for more updates.
Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Technical Outlook — April 9, 2025
Currently trading around 1.2775, GBPUSD is showing signs of bearish momentum after breaking below the 200 EMA on the 4H timeframe.
Key Technical Highlights:
- Price is currently stuck between resistance at 1.2800 - 1.2850 and support at 1.2700 - 1.2650.
- Fib Cloud and moving averages are turning bearish.
- Stochastic indicator is in the neutral zone but could provide momentum confirmation on breakdowns.
- Immediate bearish targets are 1.2700 followed by 1.2600 and 1.2450 levels.
Possible Scenarios:
- A pullback towards 1.2800 - 1.2850 resistance zone could attract sellers for the next leg down.
- Clean break below 1.2700 could open doors for 1.2600 and 1.2450 support levels.
Important Note:
FOMC Rate Decision is scheduled for today — expect heightened volatility across USD pairs. Be cautious with risk management during the news event.
If you found this analysis valuable, kindly consider boosting and following for more updates.
Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
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.
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.