GBPUSD - 5 Mar, Fibonacci resistance zone, entry SELL

5 Mar

GBPUSD trend forecast March 5, 2025

💬The rapid increase may persist, though the key resistance level at 1.2900 is likely unattainable for now. In the longer term, the Pound Sterling (GBP) maintains a clear upside potential against the US Dollar (USD), with 1.2900 being the next level to watch, according to UOB Group's FX analysts Quek Ser Leang and Peter Chia.

The outlook for GBP remains strongly tilted to the upside.

💬Uptrend formed on large frames, GBP and USD both increase intrinsic value. Pay attention to resistance zone according to H1 fibonacci


🥇/// SELL GBPUSD: zone 1,28500 - 1,28700

SL: 1,29000

TP: 40 - 60 - 150pips ( 1.27200 )

Safe and profitable trading

5 Mar

İşlem aktif

+ 50 pips , signal SELL GBPUSD ( 1.28500 - 1.28700 )