GBPUSD - 19 Mar, The Fed will keep interest rates unchanged.

19 Mar

GBPUSD trend forecast March 19, 2025

💬The GBP/USD pair edges lower, hovering around 1.2990 during the Asian session on Wednesday after recording gains in the previous two trading days. The pair struggles as the US Dollar (USD) remains resilient, supported by steady US Treasury yields ahead of the Federal Reserve's (Fed) interest rate announcement later in the day. Markets largely anticipate that the Fed will keep rates unchanged due to ongoing inflation concerns and economic uncertainty.

The US Dollar Index (DXY), which tracks the USD against a basket of six major currencies, trades near 103.40. Meanwhile, yields on 2-year and 10-year US Treasury bonds are at 4.04% and 4.29%, respectively, at the time of writing. However, the Greenback faces headwinds from disappointing US economic data and renewed tariff threats from US President Donald Trump, adding to investor caution.

💬 gbpusd continues to move in an upward trend line, the FED will almost certainly keep the current interest rate unchanged. However, the pressure of economic recession may cause the FED to loosen interest rates in the shortest time, creating downward pressure on the dollar.

🥇/// BUY GBPUSD: zone 1.29750 - 1.29600

SL: 1.29400

TP: 40 - 60 - 100pips ( 1.30600

Safe and profitable trading

19 Mar

İşlem aktif

+ 20 pips , signal BUY GBPUSD ( 1.29750 - 1.29600 )

19 Mar

İşlem kapandı: hedefe ulaştı

GBPUSD is still sideway around 1,29700. Price accumulates waiting for interest rate information of fed