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11.04.202505:03 Forex Analysis & Reviews: GBP/USD Forecast for April 11, 2025

The British pound has reached the target level of 1.3001. The signal line of the Marlin oscillator is breaking through the zero line into bullish territory, opening the way toward 1.3101. A breakout above that level would allow the pair to target the range of 1.3184–1.3208.

Exchange Rates 11.04.2025 analysis

Pressure from weak equity and commodity markets dampens bullish optimism, reducing the likelihood of the primary upward scenario. If today's daily candle closes bearish, a continuation of the decline toward the support zone 1.2816/47 becomes more likely.

In the four-hour timeframe, the situation is currently neutral.

Exchange Rates 11.04.2025 analysis

A candle close above 1.3001 would confirm the path toward 1.3101. Conversely, a close below this level could mark the beginning of a move toward the MACD line (1.2880) and a retest of the support range 1.2816/47. The Marlin oscillator does not provide any additional clues at the moment.

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
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