September 27, 20240Comments

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

The British pound made a decisive move yesterday, once again reaching the upper boundary of the wedge on the daily chart. We believe the price may repeat

by Sz. Daniela

Forex Analysis

September 26, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 26, 2024

The British pound fell by 89 pips yesterday, finally forming a stable divergence with the Marlin oscillator. However, none of the target levels were reached

by Sz. Daniela

Forex Analysis

September 25, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 25, 2024

Yesterday might have been a turning point, signaling a shift from a downward potential to an upward one. The pound broke out of the descending price channel

by Sz. Daniela

Forex Analysis

September 24, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 24, 2024

Business activity indicators in the UK for September showed a decline. Activity in the services sector decreased from 53.7 to 52.8, against an expected 53.5.

by Sz. Daniela

Forex Analysis

September 23, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 23, 2024

On Friday, the British pound set a new local high, surpassing the target level of 1.3300. If the pound breaks through the 1.3360 level, the divergence will rema

by Sz. Daniela

Forex Analysis

September 20, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 20, 2024

Following yesterday's Bank of England meeting, only one member of the Committee voted for a rate cut, contrary to the expectation of two.

by Sz. Daniela

Forex Analysis

September 19, 20240Comments

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

Yesterday, the British pound, in sync with other currencies, leaped upward, reaching a technical level — for the pound, this was the resistance level of

by Sz. Daniela

Forex Analysis

September 18, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 18, 2024

The pound's rapid growth on Monday showed its weakness yesterday, as the price returned to the support level of 1.3141. Naturally, this is a more convenient

by Sz. Daniela

Forex Analysis

September 17, 20240Comments

Forex Analysis – Forecast for GBP/USD on September 17, 2024

The British pound posted substantial gains on Monday, influenced by renewed expectations that the Bank of England will leave the interest rate unchanged.

by Sz. Daniela

Forex Analysis

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

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