June 6, 20240Comments

Forex Analysis – Forecast of GBP/USD on June 6, 2024

On Wednesday, the British pound rose slightly due to rising stock indices. This morning, the growth continues. If the ECB cuts the rate today and the euro turns

by Sz. Daniela

Forex Analysis

June 5, 20240Comments

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

Yesterday, the pound slightly missed the target resistance at 1.2826 and returned to the support level at 1.2745. A small divergence formed with the Marlin osci

by Sz. Daniela

Forex Analysis

June 4, 20240Comments

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

Yesterday, the pound posted strong gains (exceeding 60 pips) on mixed US and Europe PMI data. The market is likely in a rush to form a technical divergence

by Sz. Daniela

Forex Analysis

June 3, 20240Comments

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

The British pound continues to rise ahead of the upcoming European Central Bank and Federal Reserve meetings. If the pound maintains this momentum,

by Sz. Daniela

Forex Analysis

May 31, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 31, 2024

Yesterday, the pound gained 31 pips. The upper shadow reached the target level of 1.2745. The price is currently falling. The Marlin oscillator is moving toward

by Sz. Daniela

Forex Analysis

May 30, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 30, 2024

Yesterday, the British pound fell 59 pips in line with the broader market. The price reached the support of a brief consolidation from May 20-23.

by Sz. Daniela

Forex Analysis

May 29, 20240Comments

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

Yesterday, the British pound tested the upper boundary of a 3-year descending price channel. If the price doesn't surpass yesterday's high in the next couple

by Sz. Daniela

Forex Analysis

May 28, 20240Comments

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

The British pound took advantage of the dollar's temporary weakness amid thin liquidity conditions in observance of the US holiday. GBP/USD surged above

by Sz. Daniela

Forex Analysis

May 27, 20240Comments

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

On Friday, the British pound managed to hit the target resistance level of 1.2745 for the third time in three sessions. The signal line of the Marlin oscillator

by Sz. Daniela

Forex Analysis

May 24, 20240Comments

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

Yesterday, the British pound attacked the resistance level of 1.2745 for the second time. This attack was weaker than its attempt on Wednesday, and the price

by Sz. Daniela

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