January 2, 20240Comments

Forex Analysis – Forecast for GBP/USD on January 2, 2024

On the last working day of December, the GBP/USD pair closed below the level of 1.2745. Therefore, in order to confirm its intention to continue

by Sz. Daniela

Forex Analysis

December 29, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 29, 2023

Yesterday, the British pound fell short of the target level of 1.2837 by just 11 pips and dropped below the support at 1.2745. This morning, the price

by Sz. Daniela

Forex Analysis

December 28, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 28, 2023

GBP/USD gained 74 pips on Wednesday, easily surpassing the resistance at 1.2745. It currently trades near the target level of 1.2837.

by Sz. Daniela

Forex Analysis

December 27, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 27, 2023

The British pound has not significantly strengthened even if the dollar index weakened by 0.23% on Tuesday. The price is struggling to break above the target

by Sz. Daniela

Forex Analysis

December 26, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 26, 2023

Since a divergence has formed between the price and the oscillator on the daily chart, the British pound has been in a suppressed state. On Friday, the price

by Sz. Daniela

Forex Analysis

December 22, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 22, 2023

Yesterday, the British pound gained 51 pips, as the Dollar Index weakened by 0.63%. It failed in its attempt to breach support at 1.2645, not even supported

by Sz. Daniela

Forex Analysis

December 21, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 21, 2023

After the pound fell by 92 pips, the divergence with the oscillator has been confirmed. The signal line of the Marlin oscillator has strengthened in the downtre

by Sz. Daniela

Forex Analysis

December 20, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 20, 2023

Despite the pound's sharp growth on Tuesday, the technical situation remains ambiguous – the Marlin oscillator can either confirm the formed divergence or

by Sz. Daniela

Forex Analysis

December 19, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 19, 2023

Yesterday, the British pound reached the target support at 1.2645 and turned upwards from it. This was likely driven by the divergence between the price

by Sz. Daniela

Forex Analysis

December 18, 20230Comments

Forex Analysis – Forecast for GBP/USD on December 18, 2023

On Friday, the pound sterling fell by 86 pips, slowing down as it approached the support level of 1.2645. The most significant reversal sign available is the

by Sz. Daniela

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