RBFX Support

AUDUSD forecast: the Australian dollar continues to lose ground against the USD The US dollar continues to strengthen amid US economic data, with the AUDUSD rate able to decline to 0.6170 in the near term. Discover more in our analysis for 28 February 2025. AUDUSD technical analysis Having tested the upper Bollinger band, the AUDUSD price has formed a Shooting Star reversal pattern on the H4 chart. At this stage, it continues to maintain its downward trajectory following the signal received. Since the quotes remain within the ascending channel, the price could decline to the nearest support level at 0.6170. The Australian dollar continues to fall; the AUDUSD technical analysis suggests a further decline to the 0.6170 support level. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Brent may end the month with the biggest losses since September 2024 Brent prices fell to 72.75 USD per barrel. The market is concerned about future supply growth. Discover more in our analysis for 27 February 2025. Brent forecast: key trading points Brent prices continue to fall The commodity market is preparing to record the biggest decline in five months in February Brent forecast for 27 February 2025: 71.90 Fundamental analysis Brent prices fell to 72.75 USD on Thursday, reaching the lowest level since December 2024. Oil seems to be preparing to close February with the strongest decline in five months. Investors are still concerned about the prospects for growth in oil supply and pessimistic demand forecasts. The possibility of easing sanctions against Russia may increase global oil supply, putting pressure on prices. An additional negative factor is the US tariff policy. Market participants believe that the White House tariffs on China may slow down economic growth and weaken demand. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDJPY forecast: the pair is trading near the daily support level at 148.60 The USDJPY rate remains under pressure, falling to the 148.60-149.00 support area. Market participants are awaiting US GDP statistics today. Discover more in our analysis for 27 February 2025. USDJPY technical analysis The USDJPY H4 chart shows a steady downtrend, which is confirmed by the Alligator indicator. The pair is trading in a descending price channel, with the price currently hovering at its lower boundary. The key support level is at 148.60. The USDJPY pair fell to a three-month low in the 148.60-149.00 support area. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Gold (XAUUSD) prices decline as the market locks in profits Gold (XAUUSD) prices tumbled to 2,915 USD. It is nothing to worry about as the market is simply taking profits. Find more details in our analysis for 26 February 2025. XAUUSD technical analysis On the H4 chart, XAUUSD prices could decline to 2,905 USD. There is an intermediary support level here, which could deter sellers. If the plan does not work out, the new selling target will be 2,887 USD. Gold halted its ascent as the market locked in profits after the previous upward wave. Read more - Gold Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

EURUSD forecast: the pair climbed to 1.0500 The EURUSD rate reached 1.0500 amid positive sentiment after the German parliamentary elections. Find out more in our analysis for 26 February 2025. EURUSD forecast: key trading points Market focus: Germany’s GDP declined by 0.2% in Q4 2024, as expected Current trend: consolidating in a sideways range EURUSD forecast for 26 February 2025: 1.0400 and 1.0530 Fundamental analysis The EURUSD pair is rising moderately after the conservative Christian Democrats won the German elections. Investors perceived the election outcome positively and are now interested in the details of how the new government plans to stimulate the growth and development of Europe’s largest economy. Tomorrow, market participants are awaiting US GDP data for Q4 2024 and the report from the latest ECB monetary policy meeting. Investors hope to see hints about the regulator’s further plans: whether the ECB will continue to cut rates or it is poised to pause the monetary policy easing cycle. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Gold (XAUUSD) corrects after record peaks, but demand for the precious metal remains strong XAUUSD prices are declining after rebounding from the 2,950 USD resistance level. Find more details in our analysis for 25 February 2025. XAUUSD forecast: key trading points Global economic risks remain high, fuelling the upward momentum in Gold All eyes are on the release of the US PCE price index Investors expect the Federal Reserve to postpone an interest rate cut XAUUSD forecast for 25 February 2025: 2,970 and 3,000 Fundamental analysis XAUUSD prices are edging down today after reaching a record high on Monday. Demand for the precious metal remains as investors seek safe-haven assets amid market uncertainty. Gold was additionally supported by substantial inflows into the world’s largest gold-backed exchange-traded fund. Experts note that as long as global economic risks remain high, XAUUSD will maintain its upward momentum. A crucial factor for the market will be the release of the US PCE price index on Friday, which is a key inflation gauge for the Federal Reserve. Most economists expect the Federal Reserve to postpone rate cuts until the next quarter despite forecasts of a potential policy easing as early as March. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDJPY is at a 12-week low: the sell-off is not over yet The USDJPY pair is hovering around 149.70 on Tuesday. The market is expecting another rate hike by the Bank of Japan. Discover more in our analysis for 25 February 2025. USDJPY technical analysis On the H4 chart, the USDJPY pair has grounds to move even lower to 148.83. At the same time, the pair is clearly going beyond the sideways trading channel between 148.83 and 150.95. The USDJPY pair has fallen markedly recently, hovering now at a 12-week low. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

EURUSD is in positive territory again: another rise is likely The EURUSD pair continues to rise and has already reached 1.0509. The market is interested in risk again. Discover more in our analysis for 24 February 2025. EURUSD forecast: key trading points The EURUSD pair rose amid improved expectations for the eurozone The market is interested in risk but is still cautious EURUSD forecast for 24 February 2025: 1.0529 Fundamental analysis The EURUSD rate strengthened, reaching 1.0509. The euro fully recouped Friday’s losses after the conservative Christian democrats won the German elections. The preliminary elections were largely in line with investor expectations. The market is now focused on the timing of forming a coalition. Conservative opposition leader Friedrich Merz intends to create one within the next two months. Strong and cohesive management is considered essential to push through much-needed fiscal reforms, especially amid economic stagnation in Germany and trade tensions over US tariff policy. Reform of the debt system, which has restrained investments for years, is expected to support both the eurozone’s stocks and the EUR rate. The latest data showed that private sector activity in the eurozone remained stable in February. The PMI decreased to 50.2 points, below the expected 50.5. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDCAD forecast: the pair may continue to rise after consolidation The Bank of Canada Deputy Governor’s speech may drive the USDCAD pair up to 1.4294. Discover more in our analysis for 24 February 2025. USDCAD technical analysis On the H4 chart, the USDCAD price formed a Hammer reversal pattern near the lower Bollinger band. At this stage, it attempts to rise following the signal received. The pair will likely climb to the nearest resistance level at 1.4294 as the price remains within the descending channel. Along with the USDCAD technical analysis, the potential for improvement of US economic indicators suggests growth to 1.4294. Read more - USDCAD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

AUDUSD rose to a ten-week high but the rally is not complete The AUDUSD pair appears overpriced. The market believes the RBA will not lower interest rates rapidly. Discover more in our analysis for 21 February 2025. AUDUSD technical analysis On the H4 chart, the AUDUSD pair still has grounds to climb to 0.6408. If the market secures above this level, the next upside target could be 0.6420. The AUDUSD pair rose and hit a two-month high amid expectations of the RBA keeping relatively high interest rates. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDJPY forecast: the pair declines amid rising inflation in Japan The USDJPY rate plunged below 150.00 amid the release of Japan’s stronger-than-expected inflation statistics for January. Discover more in our analysis for 21 February 2025. USDJPY forecast: key trading points Market focus: Japan’s national Consumer Price Index (CPI) rose by 4.0% in January Current trend: the downtrend USDJPY forecast for 21 February 2025: 150.00 and 148.60 Fundamental analysis According to today’s statistics, Japan’s annual national inflation rate rose by 4.0% in January 2025 from 3.6% in the previous month, marking the highest level since early 2023. The core annual CPI increased by 3.2% from 3.0% in December. The USDJPY quotes fell to the price area around 149.00 during the Asian session, hitting a two-month low. The Japanese currency is strengthening amid rising GDP and inflation in the country, with investors expecting the Bank of Japan to tighten monetary policy further. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Brent is trading below 72.00 USD following the OPEC+ meeting Brent quotes are declining, with sellers testing the 75.50 USD support level. Discover more in our analysis for 20 February 2025. Brent forecast: key trading points According to the American Petroleum Institute, US crude oil inventories rose by 3.34 million barrels There are downside risks for Brent as part of the implementation of the reversal pattern Brent forecast for 20 February 2025: 74.35 and 73.15 Fundamental analysis Brent prices are plunging after rising for three days. The pressure primarily comes from the American Petroleum Institute data, which recorded an increase in US crude oil reserves. According to the API estimates, the country’s oil stocks grew by 3.34 million barrels in the week ended on 14 February. Brent quotes rose earlier, driven by reports that the G-7 countries were discussing the possibility of strengthening the mechanism to limit Russia’s oil prices. Additionally, traders are closely following the negotiations between the US and Russia on the situation in Ukraine, analysing the incoming information in search of prerequisites for easing sanctions that affect the energy sector. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

EURUSD forecast: the pair fell to the 1.0400 support level The EURUSD rate corrected towards 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. Find out more in our analysis for 20 February 2025. EURUSD technical analysis On the H4 chart, the EURUSD rate is undergoing a downward correction after rebounding from the 1.0500-1.0530 resistance area. The quotes have found support from buyers at 1.0400 and are now consolidating in the sideways trading range between 1.0200 and 1.0530. The EURUSD pair fell to 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Geopolitical uncertainty supports demand for Gold (XAUUSD) XAUUSD prices are poised to break above the key resistance level at 2,940 USD. Find more details in our analysis for 19 February 2025. XAUUSD forecast: key trading points Markets are awaiting the release of the US Federal Reserve minutes, which may affect Gold prices Donald Trump’s trade policy supports demand for Gold as a safe-haven asset XAUUSD forecast for 19 February 2025: 2,065 and 3,030 Fundamental analysis XAUUSD quotes are undergoing a minor correction after a two-day rise. Gold remains under pressure after reaching record highs and in anticipation of new negotiations between the US and Russia to resolve the conflict in Ukraine. Investors continue to monitor the geopolitical situation as uncertainty around the outcome of the talks restrains price movements. Markets also focus on the upcoming release of the US Federal Reserve meeting minutes. If the regulator’s rhetoric remains tough, Gold may plunge due to higher yields on dollar assets. At the same time, Donald Trump’s trade policy continues to drive demand for Gold as a safe-haven asset. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

GBPUSD forecast: the pair awaits UK inflation data The GBPUSD rate is consolidating around 1.2600, with market participants awaiting UK inflation statistics today. Discover more in our GBPUSD analysis for today, 19 February 2025. GBPUSD technical analysis On the H4 chart, the GBPUSD pair is experiencing a local upward momentum, rising to the price area above 1.2600. The Alligator indicator also confirms growth. However, the long-term trend is still downward, with the asset likely to continue to decline after the upward movement is completed. The GBPUSD pair is consolidating around 1.2600. Read more - GBPUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Japan’s GDP growth adds to pressure on USDJPY The USDJPY rate is strengthening after rebounding from the 151.20 support level. Discover more in our analysis for 18 February 2025. USDJPY forecast: key trading points Japan’s economy grew by 0.7% in Q4 2024 BoJ interest rate hike in March remains in question USDJPY forecast for 18 February 2025: 151.60 and 150.20 Fundamental analysis The USDJPY rate is on the rise after falling for three consecutive trading sessions as traders focus on the upcoming release of the Federal Reserve’s January meeting minutes. The regulator is adopting a wait-and-see approach, while the market is more focused on the prospects of an interest rate cut. Meanwhile, the USDJPY pair remains under pressure after unexpectedly strong GDP growth data from Japan. Monday’s quarterly statistics showed that the country’s economy grew by 0.7% in Q4 2024, up from 0.4% in the previous quarter and above the forecast of 0.3%. GDP rose 2.8% year-on-year, aligning with expectations and exceeding 1.7% in Q3. The data reinforces hawkish sentiment towards the BoJ monetary policy. While there is still uncertainty over a potential rate hike in March, further tightening of monetary conditions during the year is considered quite likely, which may help the yen strengthen as part of today’s USDJPY forecast. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

EURUSD is in positive territory: the market is not afraid of risks and is positive The EURUSD pair stabilises around 1.0456 on Tuesday as investors take a pause ahead of the Federal Reserve minutes. Find out more in our analysis for 18 February 2025. EURUSD technical analysis The EURUSD H4 chart shows the possibility of a local correction towards 1.0444. A breakout below this level will open the way towards 1.0418. The EURUSD pair remains around two-month highs but is on hold now in anticipation of the Federal Reserve minutes. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Gold (XAUUSD) continues to strengthen after a correction Gold continues to rally towards 2,950 ahead of FOMC members’ speeches. Discover more in our XAUUSD analysis for today, 17 February 2025. XAUUSD forecast: key trading points A speech by FOMC representative Patrick T. Harker A speech by FOMC representative Michelle Bowman Current trend: moving upwards XAUUSD forecast for 17 February 2025: 2,877 and 2,950 Fundamental analysis Today’s XAUUSD analysis shows that Gold prices have corrected towards 2,876 USD, with the pair likely to form another growth wave in the future. On of the main news for XAUUSD (Gold) is that the Federal Reserve Bank of Philadelphia President and FOMC representative Patrick T. Harker is expected to deliver a speech today, 17 February 2025. Earlier, Harker spoke about possible rate cuts in 2025 but emphasised that there was no need for this at present and that further decisions would depend on incoming economic data. FOMC member Michelle Bowman’s report is scheduled after Harker’s speech. Earlier, in September 2024, she advocated for a 0.25 percentage point rate cut, which reflects her cautious approach to monetary policy changes. Given the current economic situation, it is worth paying attention to inflation, the labour market, and the Federal Reserve’s possible future actions. Bowman’s speech may provide additional signals about the direction of US monetary policy and adjust the market sentiment. Based on Bowman’s previous statements and the current economic conditions, she is expected to underscore the need for a balanced approach to interest rate changes, taking into account both the risks of overheating the economy and the need to maintain its sustainable growth. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDCAD continues to plummet: there are new targets for sales The USDCAD pair is hovering around 1.4169 on Monday. Investors have increasingly less faith in Trump’s threats. Find more details in our analysis for 17 February 2025. USDCAD technical analysis On the USDCAD H4 chart, the nearest target for a decline remains at 1.4151. The intermediate support level below it is 1.4140, with the next at 1.4125. The USDCAD pair has fallen to a two-month low and may plunge even lower as the threat of trade implications between the US and Canada has dimished. Read more - USDCAD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

EURUSD: the pair rises amid talks on Ukraine The EURUSD rate rose to the price area near 1.0500, driven by the beginning of negotiations to end the conflict in Ukraine. Find out more in our analysis for 14 February 2025. EURUSD forecast: key trading points Market focus: the market is awaiting the eurozone’s GDP data for Q4 2024 today Current trend: upward momentum EURUSD forecast for 14 February 2025: 1.0400 and 1.0530 Fundamental analysis The euro rate rose above a two-week high of 1.0400 after US President Donald Trump signed a memorandum to renegotiate reciprocal tariffs with the eurozone without immediately imposing new tariffs, easing concerns about a sharp deterioration of trade relations with the US. Optimism about the euro currency also rose on hopes of an end to the military conflict in Ukraine, as Donald Trump promised to make every effort to start a peaceful settlement and held talks with the presidents of Russia and Ukraine. Today, market participants will focus on the eurozone’s GDP statistics for Q4 2024. The indicator is expected to remain unchanged quarter-on-quarter and rise by 0.9% year-on-year. Stronger-than-expected data will support the euro, with the EURUSD pair likely to continue its ascent. Conversely, weaker figures could send the pair into a correction. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

RBA rate cut expectations curb AUDUSD growth The AUDUSD rate is rising for the second consecutive day, with the price currently at 0.6331. Discover more in our analysis for 14 February 2025. AUDUSD technical analysis The AUDUSD rate is moving above the EMA-65 line, reinforcing the bullish scenario. The Stochastic Oscillator has reached the overbought area. However, a rebound from the bullish trendline indicates the potential for further growth. Despite the weakening of the US dollar amid Trump’s decisions, the expected RBA rate cut increases the chances of further strengthening of the Australian dollar. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Brent reversed downwards, with prices falling below 75.00 USD Brent prices are declining, falling to the support area at 75.00 USD. Find out more in our analysis for 13 February 2025. Brent forecast: key trading points According to the Energy Information Administration (EIA), US crude oil inventories rose by 4.1 million barrels last week OPEC+ maintained its oil demand growth forecast at 1.45 million barrels per day in 2025 Current trend: moving downwards Brent forecast for 13 February 2025: 74.00 and 75.00 Fundamental analysis Yesterday’s US inflation data showed rising inflation risks, with the Consumer Price Index (CPI) up 0.5% month-on-month and 3.0% year-on-year (expected at 0.4% and 2.9%, respectively). Accelerating inflation may negatively impact US economic growth, putting pressure on oil prices. Brent was also affected by the release of the latest EIA report on US crude oil inventories. The data showed that oil stocks increased by 4.1 million barrels last week, exceeding the expected growth of 3.0 million. OPEC+ maintained its oil demand growth forecast at 1.45 million barrels per day in 2025. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

USDJPY rose and stopped: time needed to process data The USDJPY pair is hovering at 154.16 on Thursday as investors change their views on the Federal Reserve’s future interest rate. Find more details in our analysis for 13 February 2025. USDJPY technical analysis On the H4 chart, the USDJPY pair has the potential to extend an upward wave towards 154.98. At the same time, the odds of a correction are increasing, with the first target at 153.75 and the next at 153.26. The USDJPY pair reached a weekly peak and has stopped for now. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

Gold (XAUUSD) corrected from highs ahead of US inflation data XAUUSD quotes are undergoing a local correction after reaching a new all-time high of 2,942 USD. Today, the focus remains on US inflation statistics. Find out more in our XAUUSD analysis for today, 12 February 2025. XAUUSD forecast: key trading points Market focus: US consumer inflation data will be released today – the Consumer Price Index (CPI) Current trend: the uptrend XAUUSD forecast for 12 February 2025: 2,850 and 2,942 Fundamental analysis XAUUSD prices are moderately correcting after reaching a new all-time high of 2,942 USD. Market participants will focus on US inflation data for January during the American trading session today, with the CPI scheduled for release. The indicator is projected to rise by 0.3% month-on-month and 2.9% year-on-year. The Federal Reserve considers inflation data when deciding whether to change interest rates. Weaker-than-forecast statistics will put pressure on the USD and help strengthen Gold. Conversely, stronger figures will support the US dollar and cause XAUUSD quotes to decline. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team

GBPUSD: the British pound continues to strengthen Amid the Fed chair’s speech, the GBPUSD forecast for today appears rather optimistic for the pound, with the price likely to continue its ascent towards 1.2550. Discover more in our analysis for 12 February 2025. GBPUSD technical analysis Having tested the lower Bollinger band, the GBPUSD price has formed a Hammer reversal pattern on the H4 chart. At this stage, it maintains its upward momentum following the signal received. Along with the GBPUSD technical analysis, Powell’s speech suggests further growth to the 1.2550 resistance level. Read more - GBPUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team