August 11, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 11, 2023

Yesterday's trading range amounted to 150 pips. The upper limit was defined by the 38.2% Fibonacci retracement level, while the price was supported from below

by Sz. Daniela

Forex Analysis

August 10, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 10, 2023

The British pound closed yesterday's session down by 28 pips. The upper shadow pierced the MACD indicator line. Currently, the price is trading

by Sz. Daniela

Forex Analysis

August 9, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 9, 2023

Over the past two days, we observed that the British pound falsely settled above the MACD indicator line (and above the 23.6% Fibonacci level) on Monday.

by Sz. Daniela

Forex Analysis

August 8, 20230Comments

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

The British pound did not give up the 1.2880 target. On Monday, the pound sterling settled above the MACD indicator line on the daily chart, with a rising Marli

by Sz. Daniela

Forex Analysis

August 7, 20230Comments

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

On Friday, the British pound closed the day at the MACD indicator line and the Fibonacci correction level of 23.6%. It tried to rise towards the 38.2% retraceme

by Sz. Daniela

Forex Analysis

August 4, 20230Comments

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

Yesterday, the pound descended to the target level of 1.2590, but in the second half of the day, the bulls took action and returned it to its initial position.

by Sz. Daniela

Forex Analysis

August 3, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 3, 2023

The bears on the British pound managed to significantly strengthen their position - yesterday it fell by 64 pips, and the price broke below the MACD line,

by Sz. Daniela

Forex Analysis

August 2, 20230Comments

Forex Analysis – Forecast for GBP/USD on August 2, 2023

Pound's decline slowed, which led to the MACD line rising above the target level of 1.2720. The balance line also turned upwards.

by Sz. Daniela

Forex Analysis

August 1, 20230Comments

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

Pound declined slightly on Monday, which kept the Marlin oscillator in a downward direction. However, it seems to be preparing to overcome the balance indicator

by Sz. Daniela

Forex Analysis

July 31, 20230Comments

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

On Friday, pound failed to surpass the support of the MACD line, leading to a correction in the daily timeframe.

by Sz. Daniela

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