September 16, 20240Comments

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

This morning, the price attempts to repeat and consolidate Friday's move by breaking above the resistance at 1.3141. Success would allow the price to target

by Sz. Daniela

Forex Analysis

September 13, 20240Comments

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

Contrary to our expectations, the British pound rose yesterday after the European Central Bank's rate cut. This morning, the price reached the target

by Sz. Daniela

Forex Analysis

September 12, 20240Comments

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

Yesterday, the UK released many economic indicators related to trade, GDP, construction, and production... and all came out worse than expected.

by Sz. Daniela

Forex Analysis

September 11, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 11, 2024

By the end of yesterday, the British pound consolidated below the support level of 1.3080. Despite the white candle, the pound confirmed its intention

by Sz. Daniela

Forex Analysis

September 10, 20240Comments

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

Yesterday, the British pound worked through the entire range of levels from 1.3080 to 1.3120, closing the day below support. This morning, the decline continues

by Sz. Daniela

Forex Analysis

September 9, 20240Comments

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

The pound traded within a 125-pip range on Friday, closing the day down by 50 pips. The price did not linger in the support range of 1.3090-1.3120,

by Sz. Daniela

Forex Analysis

September 6, 20240Comments

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

During yesterday's trading session, the British pound gained 34 pips, buoyed by the ADP's data on new private sector jobs for August, which showed 99,000

by Sz. Daniela

Forex Analysis

September 5, 20240Comments

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

The pound sterling decided not to linger in the narrow range of 1.3090-1.3120 but instead went up from it. The growth potential is small, as the Marlin oscilla

by Sz. Daniela

Forex Analysis

September 4, 20240Comments

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

On Tuesday, the British pound re-entered the target range of 1.3095-1.3120. This happened the first time on August 30th; yesterday, the lower shadow pierced

by Sz. Daniela

Forex Analysis

September 3, 20240Comments

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

Yesterday, the British pound saw a corrective rise of 19 pips from the support level of 1.3120. The daily Marlin oscillator showed a weak reaction but

by Sz. Daniela

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