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

Forex Analysis

April 10, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 10, 2024

Yesterday, the British pound managed to consolidate above the embedded green channel line. But at the same time, the price remains below the balance indicator

by Sz. Daniela

Forex Analysis

April 9, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 9, 2024

Yesterday, the pound sterling rose to the resistance area of the embedded descending price channel and the daily balance indicator line.

by Sz. Daniela

Forex Analysis

April 8, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 8, 2024

Last Friday, the British pound's sharp drop against the attack on the support at 1.2596 showed that it is not a very strong level; if the price manages

by Sz. Daniela

Forex Analysis

April 5, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 5, 2024

The British pound, with the upper shadow of the daily candle, pierced through the embedded line of the descending price channel and the balance indicator line

by Sz. Daniela

Forex Analysis

April 4, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 4, 2024

Yesterday, the embedded line of the descending price channel stopped the British pound from rising on the daily chart. If the price consolidates above yesterday

by Sz. Daniela

Forex Analysis

April 3, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 3, 2024

The British pound rose by 26 pips yesterday, with corrections reaching 38.2% of Monday's range. This is enough for the price to resume its downward movement

by Sz. Daniela

Forex Analysis

April 2, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 2, 2024

Following our main scenario, the British pound broke out of consolidation and moved lower amid the general weakness of the dollar and the stock market

by Sz. Daniela