July 18, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 18, 2022

The British pound's growth from last Friday amounted to 42 points. This morning, the pound added another 32 points, coming close to the upper border of the

by Sz. Daniela

Forex Analysis

July 15, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 15, 2022

Yesterday, the pound made an attempt to overcome the strong support formed by the lower border of the falling wedge on the daily chart and the target level of

by Sz. Daniela

Forex Analysis

July 14, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 14, 2022

Yesterday, the British pound traded in a range of 140 points, but it closed the day almost at the opening price, with a difference of 1 point.

by Sz. Daniela

Forex Analysis

July 13, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 13, 2022

The British pound lost only 4 points at the end of the day, but the price reached the lower border of the descending wedge with the lower shadow of the daily

by Sz. Daniela

Forex Analysis

July 12, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 12, 2022

The pound lost 142 points yesterday, heading towards the magnetic crossover point of two lines - the target level of 1.1800 and the lower border of the falling

by Sz. Daniela

Forex Analysis

July 11, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 11, 2022

Last Friday, the pound rose slightly and reached the resistance of the upper line of the falling wedge on the daily scale chart. The wedge-forming lines are

by Sz. Daniela

Forex Analysis

July 8, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 8, 2022

The political crisis in England is coming to an end in the best possible way. British Prime Minister Boris Johnson resigned, although the day before

by Sz. Daniela

Forex Analysis

July 7, 20220Comments

Forex Analysis – Forecast for GBP/USD on July 7, 2022

The price has formed a falling wedge chart pattern on the daily timeframe. A breakthrough of its lower boundary will prolong the decline in the medium term.

by Sz. Daniela