August 19, 20240Comments

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

Last Friday, the British pound rose by 88 pips, but on low volumes—the lowest in the past month and a half. Given this sentiment, investors might

by Sz. Daniela

Forex Analysis

August 16, 20240Comments

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

The British pound is choosing the growth option for the near future, which we gave a 60% probability to yesterday. Overcoming the level of 1.2859

by Sz. Daniela

Forex Analysis

August 15, 20240Comments

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

The British pound found the resistance level at 1.2859 (the June 12 high, modified from 1.2847) to be strong. This morning, the price fell below the support

by Sz. Daniela

Forex Analysis

August 14, 20240Comments

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

On Tuesday, the British pound made significant progress by surpassing the target level of 1.2847 and breaking above the balance indicator line.

by Sz. Daniela

Forex Analysis

August 13, 20240Comments

Forex Analysis – Forecast for GBP/USD on August 13, 2024

On Monday, the British pound settled above 1.2755 but failed to move firmly above the balance indicator line. With the Marlin oscillator turning downward

by Sz. Daniela

Forex Analysis

August 12, 20240Comments

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

The price could not rise above the daily balance indicator line on Thursday and Friday of last week. The pair reached the target level of 1.2755,

by Sz. Daniela

Forex Analysis

August 9, 20240Comments

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

Yesterday, the pound sterling increased by 58 pips, overcoming the MACD line and stopping at the balance line. Also, the price is facing a target resistance

by Sz. Daniela

Forex Analysis

August 8, 20240Comments

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

On Wednesday, the British pound made a corrective attempt to rise, where it encountered strong resistance at the balance and MACD (1.2727) indicator

by Sz. Daniela

Forex Analysis

August 7, 20240Comments

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

Yesterday, the pound sterling did well, overcoming the support level at 1.2755 and the support of the MACD line on the daily chart.

by Sz. Daniela

Forex Analysis

August 6, 20240Comments

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

The British pound calmly reacted to the frenzy regarding speculations of four rate cuts by the Federal Reserve. Yesterday, a black candle was marked, and the

by Sz. Daniela

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