empty
12.03.2025 10:28 AM
Indicator Analysis: Daily Overview for GBP/USD on March 12, 2025

Trend Analysis (Figure 1).

On Wednesday, the market may begin moving downward from the 1.2942 level (previous daily close), targeting 1.2905—the 14.6% retracement level (yellow dashed line). Upon testing this level, the price may rebound upwards, aiming for 1.2977—resistance line (bold blue line).

This image is no longer relevant

Figure 1 (Daily Chart).

Comprehensive Analysis:

  • Indicator analysis – bearish
  • Fibonacci levels – bearish
  • Volume analysis – bearish
  • Candlestick analysis – bearish
  • Trend analysis – bearish
  • Bollinger Bands – bearish
  • Weekly chart – bearish

General Conclusion: Bearish Trend

Alternative Scenario: If the market starts declining from the 1.2942 level, it may target 1.2868 (23.6% retracement level, yellow dashed line). If this level is tested, the price may rebound upwards toward 1.2977—resistance line (bold blue line).

Stefan Doll,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Sergey Belyaev
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

XAU/USD. Analysis and Forecast

On Monday, intraday declines pushed gold prices below the 3365 level, but oscillators on the daily chart have not yet started to gain negative momentum. This suggests that the precious

Irina Yanina 19:34 2025-08-11 UTC+2

Trading Signals for EUR/USD for August 11-15, 2025: sell below 1.1650 (200 EMA - 7/8 Murray)

Early in the American session, the euro is trading around 1.1590. After a failed breakout of the downtrend channel, EUR/USD fell below the 21 SMA and below the 7/8 Murray

Dimitrios Zappas 17:54 2025-08-11 UTC+2

Trading Signals for GOLD (XAU/USD) for August 11-15, 2025: sell below $3,380 or buy if rebound 3,341 (21 SMA - 7/8 Murray)

The eagle indicator is showing a negative signal, so we must be very cautious if we are buying, as the bearish force is likely to intensify in the coming hours

Dimitrios Zappas 17:51 2025-08-11 UTC+2

Forecast for EUR/USD on August 11, 2025

On Friday, EUR/USD made two rebounds from the 1.1637–1.1645 support zone and turned in favor of the euro. This means the upward movement could continue today toward the 76.4% Fibonacci

Samir Klishi 10:44 2025-08-11 UTC+2

Forecast for GBP/USD on August 11, 2025

On the hourly chart, GBP/USD on Friday made two rebounds from the 1.3425 level, and on Monday continues moving upward toward the 76.4% retracement level at 1.3470. A rebound from

Samir Klishi 10:25 2025-08-11 UTC+2

Forex forecast 11/08/2025: EUR/USD, USD/JPY, GBP/USD, Gold, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:20 2025-08-11 UTC+2

GBP/USD. Technical Analysis for the Week of August 11–16

Trend Analysis This week, from the 1.3450 level (close to the last weekly candle), the price may start moving downward toward 1.3270 – a historical support level (blue dotted line)

Stefan Doll 10:02 2025-08-11 UTC+2

EUR/USD. Technical Analysis for the Week of August 11–16

Last week, the pair moved upward, almost testing the historical resistance level at 1.1710 (blue dotted line), and then turned downward, closing the weekly candle at 1.1641. In the coming

Stefan Doll 09:55 2025-08-11 UTC+2

GBP/USD. Indicator Analysis on August 11, 2025

On Friday, the pair moved downward, tested the 61.8% retracement level at 1.3416 (red dotted line), and then rose, closing the daily candle at 1.3450. Today, the price will attempt

Stefan Doll 09:53 2025-08-11 UTC+2

EUR/USD. Indicator Analysis on August 11, 2025

On Friday, the pair moved downward, almost testing the 23.6% retracement level at 1.1626 (blue dotted line), after which the price rose slightly and closed the daily candle at 1.1641

Stefan Doll 09:40 2025-08-11 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.