Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

GBP/USD Forecast for February 11, 2025

03:36 2025-02-11 UTC--6

On the daily chart, the GBP/USD pair has moved below the 1.2367 support level, simultaneously confirming a daily candle close below the MACD line.

This movement coincided with the Marlin oscillator shifting into negative territory, opening the way toward the 1.2180 target. The initial decline may take on an impulsive nature.

On the H4 chart, the price has consolidated below 1.2367, while the Marlin oscillator is gradually declining within the negative zone. We expect further development of the downward trend.

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Stock market analytics, financial forecasts

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