October 11, 20230Comments

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

GBP/USD came close to 1.2307 this morning. The Marlin oscillator also lies in a positive area, so a breakout and rise beyond the resistance level will likely

by Sz. Daniela

Forex Analysis

October 10, 20230Comments

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

Yesterday, the British pound successfully closed the gap from the start of the weekly session and continued to rise. Now the price is trying to break above

by Sz. Daniela

Forex Analysis

October 9, 20230Comments

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

On the daily chart, Friday's candle opened and closed above the green price channel line, indicating a daily close above this line.

by Sz. Daniela

Forex Analysis

October 6, 20230Comments

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

On Thursday, the British pound gained 57 pips and tested the nearest resistance level at 1.2182, which is the embedded line of the price channel on the higher

by Sz. Daniela

Forex Analysis

October 5, 20230Comments

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

A modest convergence has helped the British pound approach the channel line (1.2182) it recently surpassed. Breaking above this level would mark the beginning

by Sz. Daniela

Forex Analysis

October 4, 20230Comments

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

Yesterday, the British pound spent the entire day hovering around the support level at 1.2070. This formed a mini-convergence between the price and the Marlin

by Sz. Daniela

Forex Analysis

October 3, 20230Comments

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

The British pound fell by 110 pips yesterday, coming very close to the target level of 1.2070. Since the price is fluctuating, we can say that the price has rea

by Sz. Daniela

Forex Analysis

October 2, 20230Comments

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

On Friday, the British pound struggled to break away from the support of the embedded line of the descending price channel. It was quite challenging to reverse

by Sz. Daniela

Forex Analysis

September 29, 20230Comments

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

The British pound started to rise at the 9th Fibonacci timeline on the daily chart. The price broke through the resistance of the embedded price channel line,

by Sz. Daniela

Forex Analysis

September 28, 20230Comments

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

Over the course of Wednesday, the British pound fell by 24 pips, settling below the embedded line of the price channel. The Marlin oscillator is showing

by Sz. Daniela

« Older Articles Newer Articles »