GBP/USD Forex Forecasts - Forex Trading Forecasts - Page 4

FIBO Group
Rate hikes, not Brexit to drive pound

The British pound is expected to push Brexit negotiations aside for the next 3 months and instead the currency will be driven by economic data which...

Fort Financial Services
Pounds starts the day under pressure

The last trading week has developed ambiguously for the GBP / USD. First, the week was closed positively; second the general fundamental...

FXTM
Sterling lifts on rate rise expectations

The UK got no shocks today as inflation figures remained elevated at 3% y/y (2.9% exp), this was in line with the Bank of England's assessment in recent...

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HYCM
GBP/USD retreats from highs

The Sterling keeps the bid tone during the second half of the week, with GBP/USD now navigating the mid-1.3900s in the wake of UK data releases...

HYCM
GBP/USD flirting with tops near 1.4270

The generalized offered bias around the greenback is now helping GBP/USD to advanced to session tops in the 1.4270 area. Cable is extending...

Grand Capital
GBPUSD is in a short-term uptrend

The pair is in a short-term uptrend as the Brexit negotiations are expected to end soon and the Bank of England will have to keep raising the interest rates...


HYCM
Pound recovers post UK retail sales dip

The GBP/USD pair slipped to the 1.3900 handle in reaction to disappointing UK retail sales data but quickly rebounded back to post-Brexit highs...

HotForex
GBP/USD remains capped by 1.3450

The range-trade in the GBP/USD pair extends into the European session, with the rates moving back and forth amid a lack of fresh catalysts...

FXTM
Pound jumps on EU comments

The UK government continues to find itself under pressure as of late as the Brexit debacle continues and the ability to start trade talks becomes...

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Fort Financial Services
Pound bounced off the lower limit

GBP/USD bounced off the lower limit of the ascending channel and grew to 1.3280 where the market turned around and returned into the red...

HYCM
GBP/USD bounces-off 1.3060

Having slumped to fresh six-day lows at 1.3062 last hour. the GBP/USD pair embarked upon a minor-recovery attempt. However, sellers continue to lurk...

HYCM
GBP futures: rebounds stay tepid

In light of Friday’s advanced data for GBP futures markets provided by CME Group, traders scaled back their open interest positions by nearly 9.7K contracts...


Fort Financial Services
Pound to posted more gains

The softer tone in the US Dollar allowed the pound to post more gains. After a neutral stance at 1.3200 the major caught a fresh bid-wave...

FXTM
Will UK GDP breathe life into Pound?

Sterling tumbled against the Dollar on Tuesday, after cautious comments from Bank of England Deputy Governor, Jon Cunliffe, rattled market...

Fort Financial Services
The pound remained inactive

The pound remained inactive staying in a tight range between 1.3200-1.3150. We believe traders will keep the price in a directionless mode today...

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Fort Financial Services
Pound extended consolidative pattern

The price has been staying in the range 1.3280-1.3230 for two day showing signs of a negative tendency. If sellers are back the spot may decline...

FxPro
GBP Suffers on Poor Data

On Tuesday, the UK HIS Markit/CIPS construction Purchasing Managers Index (PMI) for September fell to 48.1 from the previous data release...

FBS
GBP/USD: pennant pattern

The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward Wedge, so the pair is likely going...


FBS
Bears going to test another support

The local uptrend has been broken, so the pair is likely going to decline in the direction of the next support at 1.3328 - 1.3278. However, if we have a pullback...

HYCM
GBP/USD eases from highs

The GBP/USD pair trimmed some of its early strong gains and retreated around 40-pips from session tops, albeit has held comfortably...

FBS
GBP/USD: bulls made a stop

On the daily chart, GBP/USD formed an inside bar. It points at the indecisiveness of market players. A break of the inside bar’s low together...


FBS
GBP/USD: bearish double top

We've got a bearish Double Top, which has been confirmed, so the price reached the nearest support at 1.3497. Nevertheless, the market is likely going to test...

FBS
GBP/USD: bullish flag

The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach the closest resistance at 1.3652 - 1.3681 soon. However, if a pullback from this area...

FBS
GBP/USD: bullish pennant pattern

Bulls faced with resistance at 1.3223, so the price tested the nearest support at 1.3164. In this case, the pair is likely going to rise in the direction...


FBS
Bulls faced with resistance

Bulls faced with resistance at 1.3164, so the market is likely going to decline towards the nearest support at 1.3119 - 1.3083. However...

FBS
Market going to test 34 Moving Averages

All the Moving Averages have been broken, but there's a V-Top pattern, so the market is likely going to test the 34 MA. If a pullback from this line happens

FBS
GBP/USD: broken 'flag'

The last 'Flag' pattern has been broken, so the price reached support at 1.2768. Nevertheless, bears are likely going to test the next support at 1.2768 - 1.2736 in the short term...


CMSTrader
Sterling higher after UK jobs

The pound rose to the days highs against the dollar on Wednesday after the latest UK jobs report showed that the unemployment rate fell to its lowest...

HotForex
GBP/USD bounces off 1.3200 post-PMI

The Sterling found buying interest in the 1.3200 neighbourhood vs. the buck on Tuesday, with GBP/USD advancing to 1.3215/20 in the wake of the...

HYCM
GBP/USD could grind lower

Yesterdays price action constituted a key day reversal (only just) and we note that the new high was accompanied by a divergence of the daily RS and weekly RSII...


  


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