November 7, 20240Comments

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

By the close of yesterday's session, reflecting the results of the U.S. elections, the British pound reached the target support level of 1.2859.

by Sz. Daniela

Forex Analysis

November 6, 20240Comments

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

In the first three hours of today's trading session, the British pound has retraced yesterday's 86-pip gain. It appears the price aims to close Monday's

by Sz. Daniela

Forex Analysis

November 5, 20240Comments

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

The British pound's upward momentum at the Monday open has reached the nearest target level of 1.2994. Now, the price is pulling back, aiming to close the gap.

by Sz. Daniela

Forex Analysis

November 4, 20240Comments

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

Today, the British pound opened with a bullish gap of 50 pips. Typically, after reaching the nearest resistance level (in this case, 1.2994),

by Sz. Daniela

Forex Analysis

November 1, 20240Comments

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

It is becoming a tradition for Thursday to be a "black day" for the pound. Yesterday, the budget plan for the coming year was presented.

by Sz. Daniela

Forex Analysis

October 31, 20240Comments

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

Yesterday's trading range for the pound exceeded 100 pips, with the bears emerging victorious. The price is now attempting once again to break through

by Sz. Daniela

Forex Analysis

October 30, 20240Comments

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

On Tuesday, the British pound gained 40 pips, breaking above the challenging resistance level at 1.2994, and now heads quickly toward the target of 1.3080.

by Sz. Daniela

Forex Analysis

October 29, 20240Comments

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

The British pound is pressing more firmly against the 1.2994 resistance level, with the Marlin oscillator moving higher and pulling further away from its Octobe

by Sz. Daniela

Forex Analysis

October 28, 20240Comments

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

On Friday, the British pound reached the target resistance at 1.2994 and pulled back slightly. This morning (as New Zealand observes a national holiday),

by Sz. Daniela

Forex Analysis

October 25, 20240Comments

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

On the daily chart, we are adjusting the price channel due to the price breaking the lower boundary on the 23rd. In a corrective rise, the price aims for the

by Sz. Daniela

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