February 1, 20230Comments

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

Slightly weaker UK economic indicators and the upcoming strike in England with potential participation of 500,000 people weakened the pound by 27 points...

by Sz. Daniela

Forex Analysis

January 31, 20230Comments

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

Yesterday, the British pound fell by 44 points within the framework of the sideways movement under the resistance level of 1.2420.

by Sz. Daniela

Forex Analysis

January 30, 20230Comments

Forex Analysis – Forecast for GBP/USD on January 30, 2023

The pound continues to settle before the resistance at 1.2420. On the daily chart, the signal line of the Marlin oscillator is slightly inclined downward,

by Sz. Daniela

Forex Analysis

January 27, 20230Comments

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

Yesterday, the pound almost closed the day at the opening level, increasingly supporting the resistance level of 1.2420. The signal line of the Marlin oscillato

by Sz. Daniela

Forex Analysis

January 26, 20230Comments

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

The British pound is still living up to our expectations - it is developing sideways movement in the upper half of the 1.2155-1.2420 range.

by Sz. Daniela

Forex Analysis

January 25, 20230Comments

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

The British pound failed to cross the resistance of the target level of 1.2420 yesterday, and it closed the day by falling 47 pips while the Marlin oscillator

by Sz. Daniela

Forex Analysis

January 24, 20230Comments

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

The fourth day of price consolidation before the resistance at 1.2420 begins. Settling above this mark will allow the price to continue rising to the target

by Sz. Daniela

Forex Analysis

January 23, 20230Comments

Forex Analysis – Forecast for GBP/USD on January 23, 2023

It took the British pound three days to cross the resistance of 1.2410. The pound might still get some support for further rally if it could cope with Friday's

by Sz. Daniela

Forex Analysis

January 20, 20230Comments

Forex Analysis – Forecast for GBP/USD on January 20, 2023

The British pound has not yet succumbed to the pressure of the stock market. The U.S. S&P 500 was down 0.76% yesterday, and the British FTSE100 by 1.07%.

by Sz. Daniela

Forex Analysis

January 19, 20230Comments

Forex Analysis – Forecast for GBP/USD on January 19, 2023

Yesterday, the British pound tested the target level of 1.2410, as it was in mid-December. Now the pound can continue to decline to the nearest support at 1.215

by Sz. Daniela

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