August 25, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 25, 2023

The British pound plummeted by 125 pips on Thursday, immediately overcoming two strong support levels: 1.2666 and 1.2614. The signal line of the Marlin

by Sz. Daniela

Forex Analysis

August 24, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 24, 2023

Yesterday, the British pound declined strongly by more than a figure. The pair reached the support of lows on the 14th and 3rd of August, at 1.2614.

by Sz. Daniela

Forex Analysis

August 23, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 23, 2023

On Tuesday afternoon, the GBP/USD pair reached the MACD indicator line – the 1.2792 target, afterwards it returned to the 1.2720 support.

by Sz. Daniela

Forex Analysis

August 22, 20230Comments

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

Monday closed with a white candle. This morning, the price is rising above the Fibonacci corrective level of 23.6%. The nearest resistance to growth is the

by Sz. Daniela

Forex Analysis

August 21, 20230Comments

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

On Friday, the British pound tried to reach the target support level of 1.2666, but by the end of the day, the price confirmed its consolidation above the level

by Sz. Daniela

Forex Analysis

August 18, 20230Comments

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

The first thing that catches our eye regarding the changes on the daily chart over the last 24 hours is how the Marlin oscillator leaves its signal line

by Sz. Daniela

Forex Analysis

August 17, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 17, 2023

Yesterday, the British pound rose by 27 points against the broad strengthening of the dollar (0.23%) thanks to a decrease in inflation on most gauges from retai

by Sz. Daniela

Forex Analysis

August 16, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 16, 2023

The British pound has stayed within the 1.2666-1.2720 range, but this time the exit occurred in the upper shadow. The 23.6% correction level acted as a limiting

by Sz. Daniela

Forex Analysis

August 15, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 15, 2023

Yesterday, the British pound did not reach the target support level at 1.2590, deciding to stop at the low of August 3. Such a scenario is also likely

by Sz. Daniela

Forex Analysis

August 14, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 14, 2023

The British pound is entering a complex technical game. Currently, it is evolving within a narrow range of 1.2666-1.2720 with periodic false upward breakouts

by Sz. Daniela

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