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GBP/USD Forecast


GBP is growing smoothly
GBP is growing smoothly

The British pound against the US dollar remains ready to grow. The current quote is 1.2316. The British statistics from yesterday demonstrated that the net volume...

31 Mar 2023RoboForex

GBPUSD D1: Bullish sentiment is on the rise
GBPUSD D1: Bullish sentiment is on the rise

GBPUSD on the D1 time frame was in a short and choppy down trend until 8 March when a last lower bottom was recorded at 1.18016. Bullish sentiment took over and prices started to climb...

23 Mar 2023FXTM

GBP rose steadily
GBP rose steadily

The British pound sterling has risen markedly against the US dollar. The current quote in GBPUSD is 1.2164. The UK released employment sector statistics on Tuesday...

15 Mar 2023RoboForex

GBP is retracting elegantly
GBP is retracting elegantly

The British pound against the US dollar is declining. The current quote is 1.2000. The head of the BoE Andrew Bailey voiced yesterday that nothing had been decided...

3 Mar 2023RoboForex

GBP is retracting elegantly
GBP is retracting elegantly

The British pound against the US dollar is declining. The current quote is 1.2000. The head of the BoE Andrew Bailey voiced yesterday that nothing had been decided...

2 Mar 2023RoboForex

GBP/USD manages to defend and rebound from 200-day SMA amid a modest USD downtick
GBP/USD manages to defend and rebound from 200-day SMA amid a modest USD downtick

GBP/USD continues to find some support and attracts some buyers near the 200-day SMA. A modest USD pullback from a multi-week high is seen as a key factor acting as a tailwind...

27 Feb 2023OctaFX

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GBP: hidden powers
GBP: hidden powers

The British pound against the US Dollar has recovered after a previous wave of decline. The current quote is 1.2142. Britain presented the first block of macro statistics scheduled for this week...

15 Feb 2023RoboForex

GBP/USD trades with modest losses around mid-1.2000s, lacks follow-through selling
GBP/USD trades with modest losses around mid-1.2000s, lacks follow-through selling

GBP/USD remains on the defensive for the second successive day amid modest USD strength. Hawkish Fed expectations and the prevalent risk-off mood continue to underpin the greenback...

13 Feb 2023OctaFX

GBP/USD is expected to trade within 1.2015-1.2260
GBP/USD is expected to trade within 1.2015-1.2260

GBP/USD seems to have now moved into a consolidative phase, likely between 1.2015 and 1.2260, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist...

10 Feb 2023OctaFX

GBP holds well
GBP holds well

The British pound against the US dollar remains weak but does not go lower. The current quote is 1.2050. To fight with inflation, the Bank of England may lift the interest rate again...

7 Feb 2023RoboForex

GBP/USD faces further weakness near term
GBP/USD faces further weakness near term

Further losses in GBP/USD in the next weeks remain on the cards, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group...

6 Feb 2023OctaFX

BoE: In A Pretty Protracted Recession?
BoE: In A Pretty Protracted Recession?

The BoE is facing a very difficult situation, and while the recession may not be quite as bad as feared initially, it will likely be pretty protracted. There are also signs that medium term growth...

31 Jan 2023HFM

GBP/USD could retest the 1.2450 area
GBP/USD could retest the 1.2450 area

In the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, GBP/USD could still advance to the 1.2450 zone in the next few weeks...

27 Jan 2023OctaFX

Bulls retreat from fresh seven-month high near 1.2450 inside rising wedge
Bulls retreat from fresh seven-month high near 1.2450 inside rising wedge

GBP/USD pares intraday gains after refreshing multi-day top. Overbought RSI, six-week-old horizontal hurdle challenge Cable buyers. 21-SMA adds strength to 1.2365...

23 Jan 2023OctaFX

GBP is doing good
GBP is doing good

The British Pound against the US dollar on Wednesday is ready to keep growing. The current quote is 1.2286. So, Britain presented the first block of interesting macro statistics...

19 Jan 2023RoboForex

GBP depending on good news
GBP depending on good news

On Tuesday, the British pound against the US dollar remains neutral. The current quote is 1.2194. This week, Great Britain will be very active on the macroeconomic calendar...

18 Jan 2023RoboForex

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UK banks favor inflationary measures over GBP Price
UK banks favor inflationary measures over GBP Price

Currencies are sensitive and affected by everything from war to weather, politics to pandemics. Forecasting a major currency usually takes time...

16 Jan 2023Exness

GBP remains balanced
GBP remains balanced

British pound against the US dollar remains neutral. The current quote is 1.2147. According to BRC, retail sales in Britain in December grew by 6.5% y/y...

13 Jan 2023RoboForex

GBP/USD: A test of 1.2330 emerges on the horizon
GBP/USD: A test of 1.2330 emerges on the horizon

UOB Group’s Economist Lee Sue Ann and Market Strategist Quek Ser Leang suggest GBP/USD could accelerate its gains and revisit 1.2330 in the short term...

12 Jan 2023OctaFX

GBP/USD slumps to fresh multi-week lows near 1.1900
GBP/USD slumps to fresh multi-week lows near 1.1900

GBP/USD came under heavy bearish pressure on Tuesday. US Dollar outperforms its rivals as investors return from holidays. Investors keep an eye on political developments in the UK...

3 Jan 2023OctaFX

GBP/USD capped below 1.2075, treading water at around 1.2050
GBP/USD capped below 1.2075, treading water at around 1.2050

The Pound remains unable to capitalize on a softer US Dollar on the last trading day of the year. The pair has failed to break above 1.2075 and keeps moving within a 60-pip range on both sides of 1.2050...

30 Dec 2022FXCM

GBP/USD: Multiple bounces off 1.2000 tease buyers
GBP/USD: Multiple bounces off 1.2000 tease buyers

GBP/USD picks up bids to portray the third U-turn from 1.2000. RSI, MACD both suggest that bears are running out steam. Bulls need validation from weekly resistance line...

28 Dec 2022OctaFX

GBP is inclined down
GBP is inclined down

On Thursday, the British pound against the US dollar is trying to grow. The current quote is 1.2117. The British statistics yesterday was cheerful. The CBI retail sales balance...

22 Dec 2022RoboForex

GBP has retreated
GBP has retreated

On Tuesday, the British pound against the US dollar is neutral. The current quote is 1.2160. The statistics published yesterday demonstrated that the CBI production...

20 Dec 2022RoboForex

GBP counts on Bank of England
GBP counts on Bank of England

The British pound against the US dollar remains expensive. The current quote is 1.2392. To tell you the truth, the current quote of the pound looks even stronger keeping...

16 Dec 2022RoboForex

GBP climbed high
GBP climbed high

The GBP grew significantly against the USD. The current quote is 1.2340. This surge of optimism was solely thanks to the weakness of the USD. According to the statistics for today...

15 Dec 2022RoboForex

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GBP steps back
GBP steps back

On Tuesday, the British pound against the US dollar continues to decline. The current quote is 1.2260. Today’s statistics from Great Britain came out ambiguous...

14 Dec 2022RoboForex

GBP is confident
GBP is confident

On Monday, the British pound against the US dollar is decreasing a bit. The current quote is 1.2240. Nonetheless, the pound looks stable even with the domestic events and news...

13 Dec 2022RoboForex

Pound: growth against forecasts
Pound: growth against forecasts

On Thursday, the British pound against the US dollar is slightly declining, but looks stable, on the whole. The quote is 1.2182. The pound is taking advantage...

9 Dec 2022RoboForex

GBP/USD consolidates in a range around 1.2200 mark
GBP/USD consolidates in a range around 1.2200 mark

GBP/USD lacks any firm direction and oscillates in a narrow trading range on Thursday. Subdued USD demand lends some support, though recession fears seem to cap the pair...

8 Dec 2022OctaFX


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