Forex Market Forecast for March 2026

Forex Market Forecast for March 2026

Key Points Middle East Escalation: The killing of Iran’s Supreme Leader Ayatollah Khamenei has sent shockwaves and can be expected to elevate safe-haven demand and lift oil prices. This is a key macro driver, especially for the early part of the month. GBP Pressure: The pound faces continued headwinds as domestic political and economic uncertainty […]

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GBPUSD Technicals: GBPUSD tumbles but finds support near a familiar MA level

GBPUSD Technicals: GBPUSD tumbles but finds support near a familiar MA level

The GBPUSD dipped below its 200-hour moving average during the European session but rebounded into the US morning. That recovery, however, ran out of steam ahead of the session highs. When price rolled back below the 200-hour MA (1.3521) and then the 100-hour MA (1.35125), sellers reasserted control and downside momentum accelerated. The pair extended

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Risk Warning: 74-89% of retail investor accounts lose money when trading CFDs .