February 15, 20230Comments

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

Yesterday, the British pound reacted strongly to the release of the US inflation report. The January CPI estimate was down just 0.1% from 6.5% to 6.4% y/y

by Sz. Daniela

Forex Analysis

February 14, 20230Comments

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

Since the dollar weakened yesterday (-0.30%), the pound rose by 82 points. The price stopped at the resistance of 1.2155.

by Sz. Daniela

Forex Analysis

February 13, 20230Comments

Forex Analysis – Forecast for GBP/USD on February 13, 2023

The pound continues to fall this morning, which started last Friday. On the daily chart, the price is already below the balance indicator line (red sliding),

by Sz. Daniela

Forex Analysis

February 10, 20230Comments

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

My expectation that the British pound would reverse on Thursday did not materialize. On the contrary, the pound is up 50 pips. But the upper shadow is higher by

by Sz. Daniela

Forex Analysis

February 9, 20230Comments

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

Yesterday, I put the Fibonacci time frames tool on the daily chart and suggested that on Wednesday or Thursday, i.e. today, the pound will fall even further.

by Sz. Daniela

Forex Analysis

February 8, 20230Comments

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

The pound sterling gained 29 points yesterday. Considering that today marks the third day of the correction from the fall of February 2-3, it may already be ...

by Sz. Daniela

Forex Analysis

February 7, 20230Comments

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

On the daily chart, the British pound has settled below the balance indicator line. The current short-term trend is a downtrend, but the reversal of the oscilla

by Sz. Daniela

Forex Analysis

February 6, 20230Comments

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

The pound fell by 170 points or 1.39% on Friday. At the moment, the price is halfway to the target support at 1.1933 and is hovering in the consolidation

by Sz. Daniela

Forex Analysis

February 3, 20230Comments

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

As a result of yesterday's Bank of England meeting, which raised the rate by 0.50% and made it clear that it wouldn't go for a much higher rate in the future

by Sz. Daniela

Forex Analysis

February 2, 20230Comments

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

The British pound gained 54 pips yesterday, as it continues the same sideways action under resistance at 1.2420. Risk appetite was tempered by yesterday's

by Sz. Daniela

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