May 5, 20230Comments

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

As a result of yesterday, the pound edged up, managing to reach the target level of 1.2598. Now, under the pressure of the forming divergence with the Marlin

by Sz. Daniela

Forex Analysis

May 4, 20230Comments

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

Yesterday, the British pound overdid its growth with the Federal Reserve's neutral decision (a 0.76% increase against the euro's 0.57% increase), although the

by Sz. Daniela

Forex Analysis

May 3, 20230Comments

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

Yesterday, the British pound fell by 26 points, with the lower shadow working off the support level at 1.2447. This morning, the price extends its bullish corre

by Sz. Daniela

Forex Analysis

May 2, 20230Comments

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

Yesterday, the pound returned to Friday's opening (April 28) level. It didn't even try to advance to the target level of 1.2598. The signal line of the Marlin

by Sz. Daniela

Forex Analysis

May 1, 20230Comments

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

On Friday, the British pound rose by 68 points. Trading volume was the highest since March 24th, which is likely related to the bears closing their Stop-Loss

by Sz. Daniela

Forex Analysis

April 28, 20230Comments

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

The British pound decided to follow in the wake of increased market risk; the US stock index S&P 500 rose by 1.96%, the yield on 5-year government bonds

by Sz. Daniela

Forex Analysis

April 27, 20230Comments

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

The British pound continues its sideways movement in anticipation of the FOMC meeting next week. The upper limit of the range is the April 14th peak at 1.2545

by Sz. Daniela

Forex Analysis

April 26, 20230Comments

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

The pound sterling did not even reach the nearest peak of 1.2524 from April 4th and collapsed by 75 points yesterday. On the daily chart,

by Sz. Daniela

Forex Analysis

April 25, 20230Comments

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

Yields on US government bonds fell sharply yesterday, with 5-year yields dropping from 3.66% to 3.57%. This morning, the yield became 3.55%. As a result,

by Sz. Daniela

Forex Analysis

April 24, 20230Comments

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

Last Friday, the pound tried to attack the support of the April 10th and 17th lows, just below which lies the MACD indicator line on the daily chart (1.2333).

by Sz. Daniela

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