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GBP/USD Forecasts – Forex Forecasts – 3 August 2021

GBPUSD Daily: Bulls are waking from their slumber

The Pound Sterling on the Daily time frame was in a down trend until 20 July, when a last lower bottom was recorded at 1.35719. After the bottom at 1.35719...

2 Aug 2021FXTM

The Pound rebounded from its 5-month bottom

GBPUSD is slowly recovering but the risks didn't go anywhere. The British Pound is successfully correcting against the USD. The current quote for the instrument...

22 Jul 2021RoboForex

The Pound had to retreat

GBPUSD reversed once again and is currently retreating. The British Pound reversed to the downside against the USD. The current quote for the instrument is 1.3825...

15 Jul 2021RoboForex

The Pound is growing despite inflation

GBPUSD is moving upwards on Wednesday despite the statistics. The British Pound is rising against the USD in the middle of the trading week. The current...

14 Jul 2021RoboForex

The Pound is looking weak

GBPUSD continues falling; the greenback pressures too much. The British Pound is looking weak against the USD. The current quote for the instrument...

30 Jun 2021RoboForex

The Pound is back to weakening

GBPUSD is falling after the BoE meeting. The British Pound is retreating against the USD before the weekend. The current quote for the instrument is 1.3912...

25 Jun 2021RoboForex

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Bank of England meeting in the spotlight

BoE unlikely to shake markets today, minor upside risks for sterling - Dollar back in the ring as Fed lets the hawks out - Stocks elevated, another heavy dose of Fed-speak coming up

24 Jun 2021XM

The Pound is rising quickly

GBPUSD continues growing while market conditions are favourable. The British Pound is overcoming all possible obstacles and still rising against the USD...

23 Jun 2021RoboForex

The Pound skyrocketed

GBPUSD had an effective correction after plummeting. The British Pound was growing against the USD early in the week but slowed down on Tuesday...

22 Jun 2021RoboForex

GBPUSD plunging: Come on, what's the real reason?

After a surprisingly long period of strength against the US Dollar, the British Pound's value has been falling and sat at a steady 1.38 after falling...

22 Jun 2021ETX Capital

The Pound managed to recover

After a couple of days of falling, GBPUSD corrected based on the strong statistics. The British Pound rose against the USD for the first time over the last three trading sessions...

16 Jun 2021RoboForex

The Pound is falling

Despite the weak greenback, GBPUSD is retreating. The British Pound is falling against the USD on Thursday afternoon. The current quote for the instrument...

10 Jun 2021RoboForex

GBPUSD lingers around 1.41 as positive forces dry up

GBPUSD is tiptoeing across the 1.4095 level, which happens to be the 150.0% Fibonacci extension of the down leg from 1.3200 until 1.1410, after multiple...

8 Jun 2021XM

GBPUSD favors bearish scenario after failure to conquer tough resistance

GBPUSD bulls abandoned the difficult battle around February's ceiling of 1.4235, letting the price tumble below the 1.4100 level. Having breached the 23.6% Fibonacci...

4 Jun 2021XM

GBP/USD to suffer further weakness on a break below 1.4091

GBP/USD has again rejected the 1.4238/46 highs with a bearish "reversal day" having been established, raising the prospect of further weakness in the sideways...

2 Jun 2021OctaFX

GBP/USD bounces off short-term support line to justify bullish options market

GBP/USD picks up bids to 1.4152, up 0.03% intraday, ahead of Monday's London open. In doing so, the cable pair takes clues from the upbeat risk reversals...

24 May 2021FXCM

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GBP/USD remains confined in a range below 1.4200 mark post-UK PMIs

The GBP/USD pair remained confined in a range below the 1.4200 mark through the early European session and moved little post-UK PMIs. The pair struggled to...

21 May 2021FXCM

GBP/USD set to reach three-years highs

GBP/USD has been benefiting from the upbeat market mood which weighs on the dollar. Robust UK job figures and less fear from the virus strains is boosting sterling...

18 May 2021OctaFX

GBP/USD remains firm and targets 1.4235

Cable's outlook looks positive with the next target emerging at the 1.4235 level in the next weeks, suggested FX Strategists at UOB Group. We highlighted yesterday...

12 May 2021FXCM

Pound rallying on the doomed Scottish referendum

GBPUSD is rallying, adding more than 1% today up to 1.4150 on reports that UK Prime Minister Boris Johnson has ruled out the possibility of a Scottish referendum...

11 May 2021FxPro

Dollar steadies, pound skyrockets after elections

Today is a quiet day, with the US dollar moving slightly higher after the poor US jobs reports on Friday, which indicated that the Fed will have to keep accommodative...

10 May 2021XM

GBPUSD develops within symmetrical triangle above 1.39

GBPUSD has been developing within a symmetrical triangle following the upside movement from the seven-week low of 1.3670 in the 4-hour chart...

7 May 2021XM

Political uncertainty in the UK to keep sterling under pressure

GBP/USD has been attempting recovery as US yields ease. Is this rise a cable selling opportunity? Boris' problems and US economic strength may trigger more falls...

3 May 2021OctaFX

Last consumer figure for the week to trigger a fall below triple bottom

GBP/USD has reversed its gains as the dollar benefits from upbeat US data. In the view of FXStreet's Analyst Yohay Elam, the last economic release for the week may...

16 Apr 2021OctaFX

Upbeat UK data for February supports Pound

Predominantly positive macroeconomic data for February from Britain supports the recovery of the British pound on Tuesday morning. The ONS reported...

13 Apr 2021FxPro

Technical Outlook: GBPUSD poised for breakdown?

Pound bulls were on a roll yesterday after England moved into the second stage of the government's roadmap out of lockdown.

13 Apr 2021FXTM

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Digital pound would boost post-Brexit City of London

A digital pound must be at the heart of Britain's efforts to strengthen the City of London's global attraction as a financial centre after Brexit, think-tank...

9 Apr 2021FxPro

GBPUSD erases upside rally in short-term

GBPUSD is falling following the pullback off the 35-month high of 1.4235 and is hovering beneath the bearish crossover within the 20- and 40-day simple moving...

30 Mar 2021XM

GBPUSD holds range near 50-SMA

GBPUSD continues to range-bound between the 50-day simple moving average (SMA) and the tough resistance of 1.4000 for the second week, refusing to chart...

23 Mar 2021XM

GBP/USD edges higher to mid-1.3900s

The USD witnessed some selling during the early European session and pushed the GBP/USD pair back above mid-1.3900s, or fresh daily tops in the last hour...

19 Mar 2021OctaFX

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