February 15, 20240Comments

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

Yesterday, the UK inflation data came out weaker than expected. The Core CPI edged higher by 5.1% YoY in January, missing estimates of 5.2%.

by Sz. Daniela

Forex Analysis

February 14, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 14, 2024

On Tuesday, after a short-term breakthrough of the resistance on the daily timeframe's balance indicator line, the price fell sharply,

by Sz. Daniela

Forex Analysis

February 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on February 13, 2024

Yesterday, the euro did not reach the 1.0825 target, hindered by investors' flight to safety in the broader market; the S&P 500 lost 0.09%

by Sz. Daniela

Forex Analysis

February 12, 20240Comments

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

On the daily chart, the price has settled above the MACD indicator line and above the level of 1.2610. The Marlin oscillator is in a rush to enter the positive

by Sz. Daniela

Forex Analysis

February 9, 20240Comments

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

Yesterday, the British pound closed the day slightly lower but remained in a consolidated state above the level of 1.2610. The MACD line is just a few points

by Sz. Daniela

Forex Analysis

February 8, 20240Comments

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

The British pound has returned to the range of 1.2610-1.2745. It feels comfortable and confident in this range, as it optimistically heads towards

by Sz. Daniela

Forex Analysis

February 7, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 7, 2024

Over the course of yesterday and this morning, the British pound worked through the range of target levels 1.2524-1.2610.

by Sz. Daniela

Forex Analysis

February 6, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 6, 2024

The pound's almost two-month consolidation in the range of 1.2610-1.2745 has finally ended with a powerful bearish breakout, as it surpassed

by Sz. Daniela

Forex Analysis

February 5, 20240Comments

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

On Friday, the British pound sharply fell by 110 pips, and this morning it broke below the support level at 1.2610. If the price successfully breaches

by Sz. Daniela

Forex Analysis

February 2, 20240Comments

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

Yesterday, the British pound showed increased volatility, almost covering the entire range of the two-month consolidation at 1.2610-1.2745.

by Sz. Daniela

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