11.02.202511:36 Forex Analysis & Reviews: GBP/USD Forecast for February 11, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or 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. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

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.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.