Pound Sterling Price News and Forecast: GBP/USD tests immediate barrier at nine-day EMA at 1.2938
Portfolio Pulse from
The GBP/USD currency pair is experiencing mixed signals, with a bullish bias challenged by short-term technical indicators. The pair is trading around 1.2930, having broken below its nine-day Exponential Moving Average. Traders are awaiting key UK CPI inflation data and monitoring US consumer inflation expectations, which have risen to 6.2% in March.
March 26, 2025 | 5:30 am
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NEUTRAL IMPACT
The ETF tracking European currencies may experience fluctuations due to uncertain economic signals from both UK and US markets.
Currency ETF likely to be impacted by broader forex market movements and upcoming economic indicators
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 50