August 2, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 2, 2023

Pound's decline slowed, which led to the MACD line rising above the target level of 1.2720. The balance line also turned upwards.

by Sz. Daniela

Forex Analysis

August 1, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 1, 2023

Pound declined slightly on Monday, which kept the Marlin oscillator in a downward direction. However, it seems to be preparing to overcome the balance indicator

by Sz. Daniela

Forex Analysis

July 31, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 31, 2023

On Friday, pound failed to surpass the support of the MACD line, leading to a correction in the daily timeframe.

by Sz. Daniela

Forex Analysis

July 28, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 28, 2023

Under the influence of a powerful dollar rally, the British pound lost 145 pips yesterday. The price found support on the daily balance indicator line.

by Sz. Daniela

Forex Analysis

July 27, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 27, 2023

The results of yesterday's FOMC meeting did not fuel the pound, but it did not add pressure on it either. The pound is probably waiting for some other events,

by Sz. Daniela

Forex Analysis

July 26, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 26, 2023

The pound sterling is waiting for momentum from the Federal Reserve meeting. Yesterday, the pound rose by 77 pips, and the Marlin oscillator tried to return

by Sz. Daniela

Forex Analysis

July 25, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 25, 2023

Yesterday, the British pound slightly retreated, and the signal line of the Marlin oscillator on the daily chart remained below the zero line. Bears are fully

by Sz. Daniela

Forex Analysis

July 24, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 24, 2023

On Friday, the British pound traded in a 43-pip range, slightly decreasing by the end of the day. The Marlin oscillator has entered the downward territory

by Sz. Daniela

Forex Analysis

July 21, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 21, 2023

Yesterday, the British pound successfully tested the target level at 1.2847. This level is intermediate, so it's too early to talk about the bears'

by Sz. Daniela

Forex Analysis

July 20, 20230Comments

Forex Analysis – Forecast for GBP/USD on July 20, 2023

Yesterday's UK inflation report came out softer than expected and increased the chances of a 0.25% interest rate hike at the upcoming Bank of England meeting,

by Sz. Daniela

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