GBPUSD - 20 Feb, Accumulate in sideway price zone

4 dni temu

GBPUSD trend forecast February 20, 2025

The GBP/USD pair remains steady after experiencing losses for two consecutive days, hovering around the 1.2590 mark during Thursday’s Asian session. However, the pair continues to face headwinds as concerns over US President Donald Trump's tariff policies bolster demand for the US Dollar (USD). Trump has confirmed that a 25% tariff on pharmaceutical and semiconductor imports will take effect in April, while also reaffirming that auto tariffs will remain at 25%, further intensifying global trade tensions.

Investors now turn their attention to key US economic indicators, including weekly Initial Jobless Claims, the CB Leading Economic Index, and the Philly Fed Manufacturing Index, all of which are slated for release during the North American session.

H1 frame sideway, moving in the price uptrend line

/// BUY GBPUSD: zone 1.25750-1.25600

SL: 1.25300

TP: 40 - 80 - 100pips ( 1.26600)

Safe and profitable trading

4 dni temu

Zlecenie aktywne

+ 25 pips , signal BUY GBPUSD ( 1.25750 - 1.25600 ) , great

4 dni temu

Transakcja zamknięta: osiągnięto wyznaczony cel

+ 50 pips , signal BUY GBPUSD ( 1.25750 - 1.25600 ) , nice signal