September 8, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 8, 2023

Yesterday, the British pound overcame the embedded line of the descending price channel and reached the target level of 1.2447. In today's Asian session,

by Sz. Daniela

Forex Analysis

September 7, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 7, 2023

The pound has reached an important support level from the embedded line of the global descending price channel. The brewing convergence with the Marlin

by Sz. Daniela

Forex Analysis

September 6, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 6, 2023

Yesterday, the British pound made its first attempt to break the support at 1.2547. The lower shadow broke the level, and this morning the price is trying to

by Sz. Daniela

Forex Analysis

September 5, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 5, 2023

On Monday, the British pound rebounded after falling on Thursday and Friday. Today, the price has been in the middle of the 1.2547 and 1.2684 range since tradin

by Sz. Daniela

Forex Analysis

September 4, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 4, 2023

Following the general market trend, the British pound closed Friday down by 83 pips. The price is heading towards 1.2547. Overcoming the support level allows

by Sz. Daniela

Forex Analysis

September 1, 20230Comments

Forex Analysis – Forecast for GBP/USD on September 1, 2023

As a result of yesterday, the pound fell by 46 points, returning below the 1.2684 level. The signal line of the Marlin oscillator on the daily chart isn't in a

by Sz. Daniela

Forex Analysis

August 31, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 31, 2023

The British pound grew by 0.57% yesterday, leading gains. On the daily chart, the price has reached the balance indicator line. The price can now reach the

by Sz. Daniela

Forex Analysis

August 30, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 30, 2023

By the end of Tuesday, the pound rose by 42 pips. Under the pressure of technical convergence, the price is approaching the target resistance of 1.2684

by Sz. Daniela

Forex Analysis

August 29, 20230Comments

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

On Monday, the British pound gained 21 pips. This morning, the pound's gains in the first hours of the Asian session alone amounted to the same amount.

by Sz. Daniela

Forex Analysis

August 28, 20230Comments

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

On Friday, the British pound marked its low at the 1.2547 level - a resistance level from June 2 and May 15. This morning, the price almost covered the body

by Sz. Daniela

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