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The GBPUSD forecast update 11-03-2025

By Published On: March 11, 20250.4 min readViews: 80 Comments on The GBPUSD forecast update 11-03-2025

Natural gas price formed temporary correctional bearish wave by crawling towards 4.450$, affected by stochastic stability below 80 level, while that won’t affect the previously suggested bullish scenario due to the main stability within the bullish channel.

 

Also, 4.180 level forming additional support line confirms keeping the bullish attempts, to keep waiting to gather the positive momentum soon to assist to resume achieving gains, to expect moving towards 4.630$ and 4.670$ levels.

 

The expected trading range for today is between 4.350$ and 4.630$

 

Trend forecast: Bullish




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