GBP/USD Forex Forecasts - Forex Trading Forecasts - Page 2

FXTM
Theresa May survives no-confidence vote

Sterling offered a fairly muted reaction on Wednesday evening despite UK Prime Minister Theresa May narrowly surviving a vote of no-confidence...

FXTM
Sterling jittery ahead of Brexit vote

There was suspense was in the air today as anticipation mounted ahead of the meaningful vote on Theresa May's Brexit deal later this evening...

FXTM
GBPUSD struggles to push higher

Sterling weakened against almost every G10 currency today as Brexit noise left traders on tenterhooks. With uncertainty set to intensify ahead of the...

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JustForex
GBP/USD consolidating after growth

The pound is testing the key support and resistance levels: 1.27350 and 1.27700. The trading instrument has prospects for further recovery. We...

JustForex
GBP/USD is still being traded in a long flat

There is no single defined trend. The key support and resistance levels are 1.26300 and 1.26750. Positions should be opened from these levels...

JustForex
GBP/USD keeps trading in a long flat

The technical picture is ambiguous. The Bank of England, as expected, kept the monetary policy at the same levels. The GBP is supported by the positive...


JustForex
GBP/USD is showing a variety of trends

The investors are waiting for the Bank of England meeting, where the regulator is expected to keep the current interest rate at 0.75%. You should open...

JustForex
GBP/USD is showing a variety of trends

The technical picture is ambiguous. The GBP/USD quotes are consolidating. The key support and resistance levels are 1.25700 and 1.26150. Investors wait...

JustForex
The pound is trading in a flat

The local support and resistance levels are 1.25800 and 1.26300. The financial market participants are waiting for the relevant data regarding Brexit. The US...

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JustForex
In the middle of an aggressive buyout

GBP/USD is in the middle of an aggressive buyout. During the last two trading days, the quotes grew by 170 pips. The Conservative Party of the...

HYCM
GBP/USD reverses a knee-jerk fall

News that UK leadership challenge has been triggered prompted some aggressive selling. Possible delay in Article 50 might prevent Brexit supporters...

FIBO Group
Pound experiences wild swings

As we wrote yesterday, the pound has experienced some wild swings over the last 24 hours which has now been exasperated by the resignation of 4 more...


FXTM
Sterling shows signs of life, Bitcoin crashes

Sterling came back to life on Wednesday after Theresa May won cabinet support for her Brexit deal. GBPUSD rallied more 170 pips on the news...

HYCM
GBP/USD room for a visit to 1.3260

The current upside move in Cable could see the 1.3260/1.3363 band retested, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank...

HYCM
GBP/USD room for a test of 1.2924/05

GBP/USD has eroded its 55 day ma and support line and in doing so tipped the market into bearish mode. The market recently failed at 1.3298...

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HYCM
GBP/USD tumbles to session lows

Fading Brexit optimism prompts some fresh selling on Wednesday. GBP further weighed down by softer UK consumer inflation figures. Focus remains...

OctaFX
GBP/USD looks to extra consolidation

Expectation for GBP to extend its decline was wrong as it staged a smart rebound to end the day largely unchanged. Indicators have turned flat...

HYCM
GBP/USD Bulls eyeing a move beyond

The pair found decent support near the 200-hour SMA and rallied nearly 100-pips from sub-1.3100 level, filling the Brexit news-led weekly bearish gap...


FXTM
Pound grinds higher on Brexit optimism

Sterling powered higher against the Dollar on Wednesday with prices punching above 1.3200 as investors remained hopeful of a breakthrough in Brexit negotiations...

FXTM
Sterling boosted by Brexit noise

A gloomy mood continues to hang over markets after the International Monetary Fund (IMF) downgraded its economic growth forecast for...

HYCM
GBP/USD faces further downside

GBP/USD is seeing a correction lower unfold near term. Below it lies the 55 day moving average at 1.2996. Currently the technical signals are conflicting...


OctaFX
GBP/USD scope for a move to 1.3170

We expected a higher GBP yesterday but the break of the strong 1.3105 resistance came as a surprise (overnight high of 1.3124). While the rally has moved...

OctaFX
GBP/USD clings to gain around mid 1.3

BoE MPC votes 9-0 to leave interest rates/asset purchase facility unchanged. Brexit optimism continues to underpin the British Pound and remain...

HYCM
GBP moves back above 1.30 handle

A short-lived USD dip provides a temporary boost during the early European session. Further up-move remains capped ahead of Thursday BoE monetary...


FXTM
Sterling weakens despite wage growth

There was appetite for the British Pound on Tuesday morning following official data that showed UK wage growth accelerating faster than expected...

HYCM
GBP/USD seen within a broad range

GBP traded at a higher and wider range of 1.2910/1.3029 last Friday (our expected consolidation range was 1.2870/1.2950). The daily closing...

HYCM
GBP/USD could still test 1.3000

According to CME Group's advanced figures for EUR futures markets, investors scaled back their open interest positions by more than 1.8K contracts...


FXTM
Sterling soars on EU comments

The GBP has had a stellar day today, as Barnier the EU negotiator for Brexit went out on a limb and said they were prepared to work out a deal for the UK...

OctaFX
GBP/USD attempts to conquer 1.29

The pair stalled overnight retracement slide and caught some bids since the early European session, albeit seemed struggling to build on the momentum...

OctaFX
GBP/USD now targets 1.2957

CME Group's advanced data for GBP futures markets showed open interest rose by around 2.2K contracts on Tuesday vs. Monday's final 265,146 contracts...


  


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