April 24, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 24, 2024

Yesterday, the British currency surged by 98 pips, overcoming two target resistances at once. However, the pound rose on average trading volumes,

by Sz. Daniela

Forex Analysis

April 23, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 23, 2024

The British pound worked through the target range of 1.2287-1.2307 yesterday and moved out of it, approaching the resistance level at 1.2370.

by Sz. Daniela

Forex Analysis

April 22, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 22, 2024

On Friday, the British pound sharply fell towards the target level of 1.2370. The signal line of the Marlin oscillator managed to stay in the upper half

by Sz. Daniela

Forex Analysis

April 19, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 19, 2024

Yesterday, the British pound made another attempt, after Wednesday's rise, to start an upward movement, but it was impossible to surpass the Wednesday high.

by Sz. Daniela

Forex Analysis

April 18, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 18, 2024

Yesterday, the British pound failed to settle above the level of 1.2427 and rose by 28 pips while the dollar temporarily showed broad weakness.

by Sz. Daniela

Forex Analysis

April 17, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 17, 2024

After the pound fell below the target support at 1.2427 on Tuesday, this morning it is trying to consolidate below it. Such consolidation is particularly

by Sz. Daniela

Forex Analysis

April 16, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 16, 2024

Yesterday, the British pound rebounded from the support level of 1.2427 by 60 pips, but the attempt was thwarted, and the GBP/USD pair closed

by Sz. Daniela

Forex Analysis

April 15, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 15, 2024

The British pound plummeted by 102 pips on Friday, easily surpassing our target level of 1.2460 and forming another one at 1.2427,

by Sz. Daniela

Forex Analysis

April 12, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 12, 2024

After moving in a wide-range following the European Central Bank meeting (the pound closed the day up by 12 pips), today it faces another challenge

by Sz. Daniela

Forex Analysis

April 11, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 11, 2024

Yesterday, the dollar strengthened by 1.02%, and the pound led losses in the currency market by falling 1.10% (137 pips). This confirms the British currency's

by Sz. Daniela

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