GBPUSD - 27 Feb, Bulls continue uptrend H1

GBPUSD trend forecast February 27, 2025

💬 The GBP/USD pair retreats after two consecutive sessions of gains, hovering around 1.2660 during the Asian session on Thursday. The pair weakens as the US Dollar (USD) gains strength, driven by heightened risk aversion and rising US Treasury yields.

Late Wednesday, Atlanta Federal Reserve President Raphael Bostic remarked that the Fed should keep interest rates at their current levels to sustain downward pressure on inflation, according to Bloomberg. Bostic highlighted the need for additional data to assess whether January's inflation uptick was a temporary fluctuation or the beginning of a broader trend. He reiterated that Fed policy remains restrictive and should continue to be so.

💬 Today the attention is focused on US GDP news, the uptrend is still continuing on the H1 frame, good and sustainable

🥇/// BUY GBPUSD: zone 1.26400 - 1.26200

SL: 1.25900

TP: 40 - 60 - 100pips ( 1.27200 )

Safe and profitable trading