empty
01.04.2025 10:42 AM
GBP/USD Forecast for April 1, 2025

GBP/USD Only one day remains before President Trump imposes expanded tariffs on all "unfair" U.S. trade partners. The British pound remains uncertain about the UK's position on Washington's partnership list. The sideways trend within the 1.2847–1.3001 range continues. The current trend is clearly upward, and its technical outlook supports further growth.

This image is no longer relevant

We believe that Trump's tariffs against the United Kingdom will be relatively modest ("symbolic"), as since December last year, the stance of official U.S. media toward the UK has been neutral, and it's unlikely that the White House administration will dramatically alter that assessment in a moment of political fervor. A technical signal for continued growth would be a breakout above the upper boundary of the range at 1.3001. The next target would open at 1.3101, followed by 1.3184 – a strong level that has been relevant since 2019. The Marlin oscillator is currently pulling the price downward, but given the broader context, this could be interpreted as a factor restraining premature price growth.

This image is no longer relevant

On the four-hour chart, the price did make a dip below the balance line, but then quickly returned above it, consistent with the ongoing sideways trend. A more convincing signal of further growth would be the price securing itself above the MACD line (1.2947).

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

EUR/USD. April 10. Trump Continues to Shake the Markets

On Wednesday, the EUR/USD pair made two rebounds from the resistance zone of 1.1081–1.1095, turned in favor of the U.S. dollar, and declined toward the support zone of 1.0944–1.0957

Samir Klishi 12:19 2025-04-10 UTC+2

Forecast for GBP/USD on April 10, 2025

On the hourly chart, the GBP/USD pair rebounded from the 1.2865 level on Wednesday, experienced a slight decline, and today returned to that same level. Another rebound from this level

Samir Klishi 12:12 2025-04-10 UTC+2

Forex forecast 10/04/2025: EUR/USD, SP500, NASDAQ, Dow Jones, USDX and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 11:35 2025-04-10 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday April 10, 2025.

From what is visible on the 4-hour chart of the Nasdaq 100 index, although there is currently a strengthening in #NDX, this is confirmed by its price movement moving above

Arief Makmur 10:14 2025-04-10 UTC+2

Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Thursday April 10, 2025.

On the daily chart, the exotic currency pair USD/IDR appears to have a fairly strong Bullish bias, which is indicated by its price movement moving above its EMA (21)

Arief Makmur 10:14 2025-04-10 UTC+2

USD/JPY: Slowing Inflation in the U.S. Could Pressure the Pair

The Japanese yen fell significantly the day before on unexpected news of a 90-day pause in trade wars. This development supported the dollar, but whether its growth will continue remains

Pati Gani 09:56 2025-04-10 UTC+2

EUR/USD Forecast for April 10, 2025

Yesterday, U.S. President Donald Trump lowered tariffs to 10% for 90 days for countries that did not retaliate to the initial U.S. tariffs (more than 75 in total). Meanwhile, tariffs

Laurie Bailey 05:08 2025-04-10 UTC+2

GBP/USD Forecast for April 10, 2025

On Wednesday, the British pound fully worked through the target range of 1.2816/47, but as expected, it failed to consolidate above that range, instead entering a consolidation phase around this

Laurie Bailey 05:08 2025-04-10 UTC+2

USD/JPY Forecast for April 10, 2025

Yesterday's heightened volatility in USD/JPY failed to change the bearish sentiment—the candle body never closed above the balance line. This morning's decline nearly engulfed yesterday's white candle. The price

Laurie Bailey 05:08 2025-04-10 UTC+2

S&P 500 Forecast for April 10, 2025

The U.S. stock index, the S&P 500, posted one of the largest single-day gains in its history yesterday. It fell just a few points short of the target level

Laurie Bailey 05:08 2025-04-10 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.