13.03.202510:45 Forex Analysis & Reviews: Indicator Analysis: Daily Review for GBP/USD on March 13, 2025

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Trend Analysis (Fig. 1):

On Thursday, the market may start moving downward from the 1.2959 level (yesterday's daily close) toward 1.2924 – the 14.6% retracement level (yellow dashed line). From this level, the price might rebound upwards toward 1.2988 – the upper fractal (blue dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

Indicator Analysis: Bearish
Fibonacci Levels: Bearish
Volume Analysis: Bearish
Candlestick Analysis: Bearish
Trend Analysis: Bullish
Bollinger Bands: Bullish
Weekly Chart: Bearish

Overall Conclusion: Bearish trend.

Alternative Scenario:

The price could start moving downward from 1.2959 (yesterday's daily close) toward 1.2886 – the 23.6% retracement level (yellow dashed line). From this level, a potential upward correction to 1.2988 – the upper fractal (blue dashed line) may occur.

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