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

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...

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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...

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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...


FXTM
USD put pressure on Oil and Sterling

USD bulls have continued their strong run globally, as weakness in overseas market continues, but also strong economic growth continues to be a major factor...

HYCM
GBP stays negative on Brexit jitters

GBP sold off significantly yesterday with EUR/GBP breaking above 0.90 while GBP/USD broke below 1.29 for the first time since 1 September 2017. There has...

HYCM
GBP/USD still under pressure

We anticipated GBP to dip below last month's 1.2958 low yesterday but the break of the next support at 1.2930 was not exactly expected (low of 1.2920)...


HYCM
GBP/USD risks a drop to 1.2925

Last week GBP/USD dropped to 1.2975, close to the July low at 1.2925, which today is back in the picture. Over the next few days the risk remains on the downside...

HYCM
GBP/USD drops back below 1.3200

Brexit jitters, negative oil prices outweigh the rally in the European equities. Focus on the ECB rate decision and US durable goods data for fresh trading opportunities...

HYCM
GBP/USD turns back to test 1.30 handle

Investors looked past Trump's overnight comments. A modest USD uptick prompts some fresh selling. Brexit concerns keep GBP bulls on the defensive...


FXTM
Pound hammered as retail sales disappoint

The British Pound was immediately attacked by sellers on Thursday morning after retail sales tumbled -0.5% in June, well below the 0.2% market expectation...

FXTM
Pound comes under pressure

The Pound has been in the spotlight today after two cabinet resignations of key Brexit leavers shook the Tory government up. What some were calling a political crisis seems...

FXTM
Sterling lifts on services data

The pound has lifted higher on the back of positive services data today, as it came in at 55.1 beating estimates of 54 from analysts. While not causing a massive...


FXTM
Sterling waits on Brexit talks

It's more news coming out of the United Kingdom as Theresa May has one again said she will speed up Brexit talks, but it looks increasingly like crunch...

HYCM
GBP/USD moved into a consolidation phase

Instead of trading sideways (as expected yesterday), GBP dropped sharply and hit an overnight low of 1.3192. Despite the bounce from the low, the undertone...

FIBO Group
Brexit will limit the pounds gains

The British pound is now on track to stage its 3rd straight day of gains after a bullish statement by the bank of England last week regarding interest rates...


  


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