GBP/USD March 2025 Technical Outlook: Bearish Pressure below 200
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What do you think about GBPUSD It has broke the trend and in my observation it will be more downward **Trend Direction (EMA 200):** - The price (1.25756) is trading **below** the 200-period Exponential Moving Average (EMA), suggesting a **bearish bias**. The EMA likely acts as dynamic resistance near 1.26131 or higher, reinforcing the downtrend.
**Critical Levels:** - **Resistance Levels:** - Immediate: **1.26131** (likely the 200 EMA level). - Stronger: **1.2689** (key swing high). - **Support Levels:** - Near-term: **1.25000** (psychological round number). - Lower: **1.24215** and **1.24000** (next targets if bearish momentum continues).