GBPUSDX Trading Predictions

GBPUSDX trading chart for 2025-07-05

1 Day Prediction

Target: July 7, 2025
Close

$1.365

Open

$1.365

High

$1.368

Low

$1.363

Description

The price is expected to stabilize around 1.365 due to recent consolidation. The RSI indicates neutrality, while the MACD shows a slight bullish divergence. However, recent bearish candlestick patterns suggest caution.

Analysis

The past three months show a bearish trend with significant resistance around 1.375. The recent price action indicates consolidation, with support at 1.360. Volume has been low, indicating a lack of strong conviction in either direction.

Confidence Level

7/10

Potential Risks

Market volatility and potential news events could impact the price unexpectedly.

1 Week Prediction

Target: July 14, 2025
Close

$1.362

Open

$1.364

High

$1.365

Low

$1.36

Description

Expect a slight decline as bearish sentiment prevails. The Bollinger Bands are tightening, indicating potential volatility. The MACD is showing a bearish crossover, suggesting downward momentum.

Analysis

The stock has been in a bearish phase, with resistance at 1.375 and support at 1.360. The RSI is approaching oversold territory, indicating potential for a bounce, but the overall trend remains bearish.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could lead to sudden price movements.

1 Month Prediction

Target: August 7, 2025
Close

$1.355

Open

$1.36

High

$1.36

Low

$1.35

Description

A continued bearish trend is expected, with the price potentially testing lower support levels. The Fibonacci retracement levels suggest 1.355 as a target. The market sentiment remains cautious.

Analysis

The last three months have shown a bearish trend with key support at 1.350. The MACD indicates a bearish trend, while the RSI suggests potential oversold conditions. Volume has been low, indicating weak buying interest.

Confidence Level

5/10

Potential Risks

Economic data releases could significantly alter market sentiment.

3 Months Prediction

Target: October 7, 2025
Close

$1.34

Open

$1.345

High

$1.35

Low

$1.33

Description

The price is expected to trend lower as bearish sentiment persists. The MACD remains in a bearish phase, and the RSI indicates potential for further declines. Market conditions may remain volatile.

Analysis

The overall trend has been bearish, with significant resistance at 1.375 and support around 1.340. The market sentiment is cautious, and external factors could lead to increased volatility. The ATR indicates potential for larger price swings.

Confidence Level

4/10

Potential Risks

Long-term predictions are uncertain due to potential geopolitical events and economic shifts.