empty
09.04.2025 04:31 AM
GBP/USD Forecast for April 9, 2025
Open trading account Open demo account

On Tuesday, the British pound tested the lower boundary of the target range at 1.2816/47 with an upper shadow. This morning, the price managed to move inside this range. A consolidation above it will open the path toward the 1.3001 target.

This image is no longer relevant

The Marlin oscillator is showing optimism, rising steeply toward the boundary of the growth territory.

On the H4 chart, Marlin has not yet reached positive territory, and the price still faces the MACD line at 1.2886 above the target range.

This image is no longer relevant

Price consolidation within the 1.2816/86 range is likely until this resistance is reached. A breakout above 1.2886 would remove the final barrier for growth toward 1.3001.

Laurie Bailey,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday June 11, 2025.

From what is seen on the 4-hour chart, the AUD/JPY cross currency pair appears to have a Divergence between the AUD/JPY price movement and the Stochastic Oscillator indicator, so based
Arief Makmur 09:28 2025-06-11 UTC+2

Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Wednesday June 11, 2025.

There are some interesting facts about USD/IDR at the moment, first the price movement of USD/IDR is moving below WMA (21), second the appearance of Bearish 123 pattern followed
Arief Makmur 09:28 2025-06-11 UTC+2

Trading Signals for BITCOIN (BTC/USD) for June 11-13: sell below $110,700 (21 SMA - 200 EMA)

Bitcoin is trading around 110,726, undergoing a technical correction after reaching 110,726, a level seen at the end of May. Bitcoin has formed a double top pattern, so we believe
Dimitrios Zappas 05:16 2025-06-11 UTC+2

Trading Signals for GOLD (XAU/USD) for June 11-14: 2025 sell below $3,340 (21 SMA - 7/8 Murray)

Early in the European session, gold is trading around 3,334, showing exhaustion, as it bounced above 3,300 during yesterday's American session. This price level for gold
Dimitrios Zappas 05:09 2025-06-11 UTC+2

EUR/USD Forecast for June 11, 2025

Yesterday, the US dollar attempted to push the euro below key technical support levels marked by the daily Balance and MACD indicator lines, but the euro withstood the pressure
Laurie Bailey 04:41 2025-06-11 UTC+2

GBP/USD Forecast for June 11, 2025

Yesterday's employment data from the UK for May showed an increase in the unemployment rate from 4.5% to 4.6%, along with a rise in jobless claims by 33,100
Laurie Bailey 04:41 2025-06-11 UTC+2

Silver Forecast for June 11, 2025

Over the past seven sessions, silver has made a significant upward move, yet the growth potential remains far from exhausted. The target at 38.500 — the upper boundary
Laurie Bailey 04:41 2025-06-11 UTC+2

Forecast for EUR/USD on June 10, 2025

On Monday, the EUR/USD pair traded sideways between the levels of 1.1380 and 1.1454, forming a range. Therefore, a rebound from the support zone of 1.1374–1.1380 would favor the euro
Samir Klishi 10:33 2025-06-10 UTC+2

GBP/USD. June 10th. Unemployment Rises in the UK

On the hourly chart, the GBP/USD pair on Monday made two rebounds from the 161.8% corrective level at 1.3520 but failed to start an upward movement. Today, on Tuesday
Samir Klishi 10:21 2025-06-10 UTC+2

Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Tuesday June 10 2025.

With the appearance of the Ascending Broadening Wedge pattern followed by the appearance of the Bearish 123 pattern, it gives an indication that in the near future EUR/USD
Arief Makmur 05:59 2025-06-10 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.