February 29, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 29, 2024

Yesterday, the British pound almost reached the target support at 1.2610. The day closed with a black candle, and the price fell below

by Sz. Daniela

Forex Analysis

February 28, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 28, 2024

Pound seems to have the intention to fall further below the MACD line. Meanwhile, the signal line of the Marlin oscillator indicates the beginning of a downturn

by Sz. Daniela

Forex Analysis

February 27, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 27, 2024

Pound closed yesterday with an uncertain rise, getting stuck at the balance line. Although the price settled above the MACD line and could move

by Sz. Daniela

Forex Analysis

February 26, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 26, 2024

Although pound rose above the MACD line (blue) last Friday, it closed below the balance indicator line (red). Nevertheless, with a rising Marlin oscillator,

by Sz. Daniela

Forex Analysis

February 23, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 23, 2024

Yesterday, the composite PMI index for the UK increased to 53.30 in February from 52.90 in January of 2024. The British pound,

by Sz. Daniela

Forex Analysis

February 22, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 22, 2024

Yesterday, the British pound only rose by 15 pips, but it accomplished an important task for the bulls - it consolidated above the level of 1.2610.

by Sz. Daniela

Forex Analysis

February 21, 20240Comments

Forex Analysis – Forecast for GBP/USD on February 21, 2024

Yesterday, the price surpassed the resistance of the target level at 1.2610, as well as both indicator lines. Afterward, it retreated, and the pound closed the

by Sz. Daniela