May 24, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 24, 2024

Yesterday, the British pound attacked the resistance level of 1.2745 for the second time. This attack was weaker than its attempt on Wednesday, and the price

by Sz. Daniela

Forex Analysis

May 23, 20240Comments

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

Yesterday, the pound reached the target level of 1.2745. Once again, we see the Marlin oscillator in a horizontal position.

by Sz. Daniela

Forex Analysis

May 21, 20240Comments

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

Yesterday, the pound performed well against the backdrop of a broad weakness of counter-dollar currencies, as it managed to gain 4 pips.

by Sz. Daniela

Forex Analysis

May 20, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 20, 2024

Last Friday, the British pound touched the support of the MACD indicator line with its lower daily shadow for the second time in the last two days and confiden

by Sz. Daniela

Forex Analysis

May 17, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 17, 2024

Yesterday, the British pound slightly declined, closing the day with a black candle for the first time in five days. The rise that we saw in the last five days

by Sz. Daniela

Forex Analysis

May 16, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 16, 2024

Yesterday, the pound took advantage of the bullish momentum in adjacent markets and it managed to overcome strong resistance from trend and indicator

by Sz. Daniela

Forex Analysis

May 15, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 15, 2024

Yesterday, after the pound sharply fell, which represented a false move piercing the 1.2525 support (related to the increase in unemployment data),

by Sz. Daniela

Forex Analysis

May 14, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 14, 2024

On the daily chart, the British pound has climbed above the balance indicator line with a rising Marlin oscillator.

by Sz. Daniela

Forex Analysis

May 13, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 13, 2024

On Friday, the British pound climbed above the resistance level of 1.2525 with its upper shadow. Today, it opened below the level with a neutral Marlin

by Sz. Daniela

Forex Analysis

May 10, 20240Comments

Forex Analysis – Forecast for GBP/USD on May 10, 2024

The Bank of England meeting showed that two members of the Monetary Policy Committee voted in favor of a rate cut. We expected the exact distribution of votes

by Sz. Daniela

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