June 16, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 16, 2023

On Thursday, the pound rose by 120 pips, reaching the target level of 1.2785. Consolidation above this level will make it possible for the pair to reach the nex

by Sz. Daniela

Forex Analysis

June 15, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 15, 2023

The British pound showed good growth yesterday (0.41% while the dollar index declined by 0.27%), but it was likely a technical rise to test the May high of 1.26

by Sz. Daniela

Forex Analysis

June 14, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 14, 2023

Yesterday, the British pound made a strong effort and managed to climb above the resistance level at 1.2583. Trading volume was high.

by Sz. Daniela

Forex Analysis

June 13, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 13, 2023

Yesterday, the British Pound fell by 66 pips, breaking the support of the balance indicator line on the daily chart. This means that investors

by Sz. Daniela

Forex Analysis

June 12, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 12, 2023

On Friday, the British pound reached the target level at 1.2583. This morning, it is slightly declining with the support of the downward-turning Marlin oscillat

by Sz. Daniela

Forex Analysis

June 9, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 9, 2023

The British pound took full advantage of the dollar's temporary weakness yesterday and rose by 122 pips. There are 30 pips left until the target level of 1.2583

by Sz. Daniela

Forex Analysis

June 8, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 8, 2023

The British pound closed yesterday's session slightly higher, piercing the target level of 1.2457 and the daily balance indicator line with a high upper shadow.

by Sz. Daniela

Forex Analysis

June 7, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 7, 2023

The British pound is stuck in a narrow range between the MACD line on the daily chart and the resistance level of 1.2443. This level is defined as the average

by Sz. Daniela

Forex Analysis

June 6, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 6, 2023

Yesterday, the British pound tried to fall below the MACD line on the daily chart but was pushed back up towards the resistance level at 1.2443.

by Sz. Daniela

Forex Analysis

June 5, 20230Comments

Forex Analysis – Forecast for GBP/USD on June 5, 2023

On Friday, the pound fell by 75 pips amid mixed but not exactly weak US employment data. This morning, upon the news of President Biden signing a bill

by Sz. Daniela

« Older Articles Newer Articles »