empty
 
 
27.02.2025 11:39 AM
Indicator Analysis – Daily Overview for GBP/USD on February 27, 2025

Trend Analysis (Figure 1)

On Thursday, from the 1.2672 level (yesterday's daily close), the market may begin a downward movement, targeting 1.2637 – the 14.6% retracement level (red dashed line). From this level, the price may rebound upward toward 1.2727 – a historical support level (blue dashed line).

This image is no longer relevant

Figure 1: Daily Chart

Comprehensive Analysis Summary:

  • Indicator Analysis – Down
  • Fibonacci Levels – Down
  • Volume Analysis – Down
  • Candlestick Analysis – Down
  • Trend Analysis – Up
  • Bollinger Bands – Up
  • Weekly Chart – Down

Overall Conclusion: Bearish Trend Expected

Alternative Scenario

From the 1.2672 level (yesterday's daily close), the market may begin a downward move, targeting 1.2604 – the 23.6% retracement level (red dashed line). From this level, the price may start moving upward toward 1.2637 – the 14.6% retracement level (red dashed line).

Stefan Doll,
Analytical expert of InstaForex
© 2007-2025
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback