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GBP/USD: Cable Eases After Soft CPI Data But Still Lacks Clearer Direction Signals

Fresh weakness pressure support at 1.2883 (20DMA / last Friday's low) break of which to open way for deeper correction (dips from new multi-month high at 1.3014 were so far shallow) and expose next significant support at 1.2798 (200DMA / Fibo 23.6% of 1.2099/1.3014 rally).
Date: 26.03.2025  |  Source: actionforex.com
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Instrument Price Change (%)
EURUSD 1.083490 +0.31776%
GBPUSD 1.294550 -0.011723%
USDJPY 149.855790 -0.78075%
XAUUSD 3082.950620 +0.87694%
USDCAD 1.433220 +0.19575%
NZDUSD 0.571520 -0.40845%
USDCHF 0.880740 -0.016042%
AUDUSD 0.628790 -0.24773%
EURGBP 0.836970 +0.36879%
EURJPY 162.367550 -0.468%
GBPJPY 193.995550 -0.77918%
AUDJPY 94.227590 -1.0204%
CADJPY 104.558820 -0.96815%
CHFJPY 170.147850 -0.64243%
NZDJPY 85.644990 -1.13817%
GBPCHF 1.140160 -0.078112%
EURCHF 0.954270 +0.31993%
USDMXN 20.361820 +0.31468%
USDZAR 18.379830 +0.87499%
USDTRY 37.994110 +0.15962%
USDRUB 84.446560 -0.081925%
USDSEK 10.015140 +0.28482%
USDCNY 7.262750 -0.017268%

Upcoming Important Events

Time Country Event Forecast Previous
31.03.2025
01:30 NBS Manufacturing PMI (Mar) 50.5 50.2
01:30 NBS Non Manufacturing PMI (Mar) 50.5 50.4
06:00 🇩🇪 Retail Sales MoM (Feb) 0.1 0.2
06:00 🇩🇪 Retail Sales YoY (Feb) 3.2 2.9
07:00 🇩🇪 Retail Sales MoM (Feb) 0.1 0.2
07:00 🇩🇪 Retail Sales YoY (Feb) 3.2 2.9
08:00 🇩🇪 Baden Wuerttemberg CPI MoM (Mar) 0.5
08:00 🇩🇪 Baden Wuerttemberg CPI YoY (Mar) 2.5
08:00 🇩🇪 Bavaria CPI MoM (Mar) 0.4
08:00 🇩🇪 Bavaria CPI YoY (Mar) 2.4