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Forex Analysis
October 25, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 25, 2023

The British pound, which fell by 87 pips on Tuesday, returned to the week's opening level and stopped at the nearest line of the price channel.
by Sz. Daniela
Forex Analysis
October 24, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 24, 2023

Yesterday, the pound sterling significantly moved away from the embedded price channel line, getting closer to the balance indicator line and the target level
by Sz. Daniela
Forex Analysis
October 23, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 23, 2023

Last Friday, the British pound tried to break through the resistance of the embedded price channel line, but failed. The Marlin oscillator continues
by Sz. Daniela
Forex Analysis
October 20, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 20, 2023

Yesterday, the pound traded within a 50-point range, closing the day at the opening level. But at the same time, the daily candle settled below the price channe
by Sz. Daniela
Forex Analysis
October 19, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 19, 2023

Undoubtedly, the British pound is under significant technical pressure, and it may breach the support level at 1.2070, opening the way to the target level of 1.
by Sz. Daniela
Forex Analysis
October 18, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 18, 2023

The British pound closed the day with a black candle as it awaits today's inflation data, piercing the embedded price channel support line.
by Sz. Daniela
Forex Analysis
October 17, 20230Comments

Forex Analysis – Forecast for GBP/USD on October 17, 2023

Amidst a general increase in risk appetite and a weak US dollar, the British pound gained 73 pips, surpassing the resistance of the nearest embedded price
by Sz. Daniela
Forex Analysis
October 16, 20230Comments

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

Friday's black candle for the British pound closed below the price channel line. However, there's no such confirmation below the zero line for the Marlin
by Sz. Daniela
Forex Analysis
October 13, 20230Comments

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

GBP/USD lost 140 pips and fell towards the embedded line of the price channel, which indicates the strength of the resistance level of 1.2307.
by Sz. Daniela
Forex Analysis
October 12, 20230Comments

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

With GBP/USD surpassing the resistance level of 1.2307 and the signal line of the Marlin oscillator continuing to rise in the positive zone,
by Sz. Daniela
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