{"id":833177,"date":"2025-03-11T08:11:49","date_gmt":"2025-03-11T13:11:49","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/11\/pound-sterling-price-news-and-forecast-gbp-usd-retreats-but-sellers-could-remain-hesitant-video\/"},"modified":"2025-03-11T08:11:49","modified_gmt":"2025-03-11T13:11:49","slug":"pound-sterling-price-news-and-forecast-gbp-usd-retreats-but-sellers-could-remain-hesitant-video","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/11\/pound-sterling-price-news-and-forecast-gbp-usd-retreats-but-sellers-could-remain-hesitant-video\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD retreats but sellers could remain hesitant [Video]"},"content":{"rendered":"<div id=\"fxs_article_body\">\n<h2>GBP\/USD Forecast: Pound Sterling retreats but sellers could remain hesitant<\/h2>\n<p>After rising more than 2.5% in the previous week, GBP\/USD corrects lower and trades below 1.2900 in the European session on Monday. In the absence of high-tier data releases, the pair&#8217;s action could remain subdued in the near term.<\/p>\n<p>The US Dollar (USD) Index, which tracks the USD&#8217;s performance against a basket of six major currencies, lost more than 3% last week, pressured by growing fears over a recession in the US. <a href=\"https:\/\/www.fxstreet.com\/analysis\/gbp-usd-forecast-pound-sterling-retreats-but-sellers-could-remain-hesitant-202503100854\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<p><a href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/gbpusd-638772038775228335.png\" target=\"_blank\"><img decoding=\"async\" alt=\"GBPUSD\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/gbpusd-638772038775228335.png\"><\/a><\/p>\n<h2>GBP\/USD Elliott Wave technical analysis [Video]<\/h2>\n<p>The\u00a0GBPUSD <a href=\"https:\/\/www.fxstreet.com\/technical-analysis\/elliott-wave\" data-fxs-autoanchor>Elliott Wave<\/a> Analysis\u00a0for the day chart indicates a\u00a0bullish trend, with the market currently in an\u00a0impulsive phase. The price structure follows\u00a0Orange Wave 3, which is part of a\u00a0larger upward movement within Navy Blue Wave 1. This confirms that the market is in a strong uptrend, typical of an\u00a0impulsive wave formation.\u00a0<a href=\"https:\/\/www.fxstreet.com\/analysis\/gbp-usd-elliott-wave-technical-analysis-video-202503100701\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<div>\n<p><iframe loading=\"lazy\" allowfullscreen frameborder height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/fzOWcAvxG0w?rel=0\" width=\"640\"><\/iframe><\/p>\n<\/div><\/div>\n<div>\n<p>Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. <\/p>\n<p>If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.<\/p>\n<p>FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.<\/p>\n<p>The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-price-news-and-forecast-gbp-usd-retreats-but-sellers-could-remain-hesitant-video-202503101148\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Diego Klemp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Forecast: Pound Sterling retreats but sellers could remain hesitant After rising more than 2.5% in the previous week, GBP\/USD corrects lower and trades below 1.2900 in the European session on Monday. In the absence of high-tier data releases, the pair&#8217;s action could remain subdued in the near term. The US Dollar (USD) Index, which<\/p>\n","protected":false},"author":1,"featured_media":833178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-833177","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pound","category-sterling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/833177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=833177"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/833177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/833178"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=833177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=833177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=833177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}