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

Forex Analysis

April 1, 20240Comments

Forex Analysis – Forecast for GBP/USD on April 1, 2024

Over the last four sessions, the British pound has been consolidating above the support at 1.2596 and below the balance indicator line.

by Sz. Daniela

Forex Analysis

March 29, 20240Comments

Forex Analysis – Forecast for GBP/USD on March 29, 2024

Yesterday, the British pound showed wide volatility, testing the target support at 1.2596 with the lower shadow of the daily candle.

by Sz. Daniela

Forex Analysis

March 28, 20240Comments

Forex Analysis – Forecast for GBP/USD on March 28, 2024

The British pound is slightly stuck on the balance indicator line on the daily chart. However, the price refuses to give up, as it still tries to break

by Sz. Daniela

Forex Analysis

March 27, 20240Comments

Forex Analysis – Forecast for GBP/USD on March 27, 2024

The upper shadow of yesterday's daily candle reached the control level of 1.2666, but failed to surpass it, so the main bearish scenario persists.

by Sz. Daniela

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