March 12, 20240Comments

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

Yesterday, the British pound failed to consolidate above the level of 1.2826, but today it is preparing for another attempt, as the Pacific session

by Sz. Daniela

Forex Analysis

March 11, 20240Comments

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

The pound overcame the global descending price channel, as shown in our previous overview, as the dollar weakened on Friday.

by Sz. Daniela

Forex Analysis

March 8, 20240Comments

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

The British pound is on the verge of reaching the upper boundary of the global descending hyperchannel, as seen on the monthly chart.

by Sz. Daniela

Forex Analysis

March 7, 20240Comments

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

The British pound consolidated above the daily MACD indicator line as it closed yesterday's trading session. The pair couldn't rise further due to

by Sz. Daniela

Forex Analysis

March 6, 20240Comments

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

Yesterday, the British pound tried to reach the target resistance at 1.2745 but fell a bit short. Now, the price is returning below the MACD indicator line on

by Sz. Daniela

Forex Analysis

March 5, 20240Comments

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

Yesterday, the British pound was determined, and it broke through the important technical resistance of the MACD line. At the moment,

by Sz. Daniela

Forex Analysis

March 4, 20240Comments

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

On Friday, the dollar index dipped by 0.29%, causing the British pound to gain 28 pips. This modest gain was enough to push the price to rise above

by Sz. Daniela

Forex Analysis

March 1, 20240Comments

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

Yesterday, the British pound diligently reached the target level of 1.2610, as prescribed by the main scenario. This morning, the price is correcting higher,

by Sz. Daniela

Forex Analysis

February 29, 20240Comments

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

Yesterday, the British pound almost reached the target support at 1.2610. The day closed with a black candle, and the price fell below

by Sz. Daniela

Forex Analysis

February 28, 20240Comments

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

Pound seems to have the intention to fall further below the MACD line. Meanwhile, the signal line of the Marlin oscillator indicates the beginning of a downturn

by Sz. Daniela

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