GBP/USD Forex Forecasts - Forex Trading Forecasts

GBP/USD (British Pound/US Dollar) currency pair is one of the most volatile and dynamic instruments, which is the reason for its popularity. This currency can be found in the trading portfolio of lots of traders. GBPUSD analytics and forecasts for today, tomorrow and for a week are prepared by expert analysts, who are at the same time are practicing traders. The forecasts are based on the technical analysis, news, and analytical data. They show the expected direction of movement, levels of resistance or support.

OctaFX
16 Apr, 2021   OctaFXLast 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...

FxPro
13 Apr, 2021   FxProUpbeat 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...

FXTM
13 Apr, 2021   FXTMTechnical 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.

FxPro
9 Apr, 2021   FxProDigital 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...

XM
30 Mar, 2021   XMGBPUSD 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...

XM
23 Mar, 2021   XMGBPUSD 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...


OctaFX
19 Mar, 2021   OctaFXGBP/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...

FXTM
16 Mar, 2021   FXTMGBPUSD knocking on the 1.38 door

It has been a while since we have taken a deep dive into the world of the British Pound. The currency remains in a position of power due to the massive reduction...

FXTM
10 Mar, 2021   FXTMGBPUSD H4: Bulls coming out of hiding

The GBPUSD currency pair, on the H4 time frame, was in a down trend until 5 March 2021 when a lower bottom was recorded at 1.38197. Bulls started...

FxPro
25 Feb, 2021   FxProIs the Pound rally going too far?

The UK boasts an impressive population vaccination rate, which is already paying off: the number of new daily deaths from coronavirus fell by three times over the month...

HotForex
24 Feb, 2021   HotForexSterling & Commodity Currencies Soar

Equities recover from significant falls, Powell pushes for inflation, USD remains heavy, yields cool from highs, NZD spikes following RBNZ. Commodity currencies...

XM
16 Feb, 2021   XMGBPUSD flies to new 34-month high

GBPUSD skyrocketed to a fresh 34-month high at 1.3950 after the successful climb above the 1.3745 area. The tendency has been strongly positive since...


OctaFX
11 Feb, 2021   OctaFXPowell's dovish message push the cable higher

The GBP/USD pair has been retreating from the highs as the dollar takes a breather from falling. The US dollar is benefiting from a bounce in US yields...

FIBO Group
5 Feb, 2021   FIBO GroupMonetary policy of the Bank of England

On Thursday, the Bank of England announced the results of the vote on the main interest rate, as well as the volume of asset repurchases, which remained unchanged...

OctaFX
1 Feb, 2021   OctaFXGBP/USD toreach the 1.40 mark if BoE rules out rate cut

A stronger USD over the past week has been helping to dampen further upside for cable beyond the 1.3700-level. The Bank of England (BoE) policy update will...

XM
26 Jan, 2021   XMGBPUSD eases below 33-month peak

GBPUSD is retreating somewhat after the pullback off the 33-month high of 1.3745 in the preceding week. Currently, the pair is flirting with the 20-day simple...

OctaFX
25 Jan, 2021   OctaFXGBP/USD surrenders intraday gains

GBP/USD struggled to preserve early gains and retreated around 50 pips from tops. Concerns about the economic impact of COVID-19 held bulls from placing fresh bets...

XM
15 Jan, 2021   XMGBPUSD retreats from a jump above 1.3700

GBPUSD created a spike to the upside on Thursday, surpassing the 1.3700 round number and recording a fresh 33-month high before it returned lower...


FBS
14 Jan, 2021   FBSUpside hopes for the GBP?

The British monthly GDP is announced on Friday at 09:00 MT time. In December, Rishi Sunak, Chancellor of the Exchequer, said that the British economy...

XM
12 Jan, 2021   XMGBPUSD retraction unable to tilt appreciation scale

GBPUSD continues to echo a positive tone despite recently retreating from a fresh 32-month high of 1.3703. The rising red Tenkan-sen line is suggesting...

OctaFX
11 Jan, 2021   OctaFXThe loss of the 1.3545 critical support line is a bearish sign

GBP/USD lost critical support at 1.3545 as the cable tumbled down due to Fed-related dollar strength and the UK's dire covid situation. Ramping up of Britain...


HotForex
4 Jan, 2021   HotForexBrexit: Sterling & UK100

A Brexit deal materialized on Christmas Eve, and was ratified by the UK parliament and unanimously approved by all 27 EU ambassadors. The deal took effect...

OctaFX
1 Jan, 2021   OctaFXGBP/USD set to finish tumultuous 2020 on the front foot around 1.3650

GBP/USD is finishing the year on the front foot amid a weaker USD. Sterling traders continue to mull the themes of UK lockdowns, vaccination and continued Brexit...

OctaFX
31 Dec, 2020   OctaFXGBP/USD needs to break above 1.3710 to extend the rally

The British pound is the strongest currency, with GBP/USD poised to close 2020 at its highest in over two years. The cable traded as high as 1.3685 as bulls...


XM
25 Dec, 2020   XMGBPUSD favours upside, vicious appreciation boosts bias

GBPUSD recently logged nine consecutive green candles and is quickly approaching the 31 month high of 1.3624. The price found some footing just beneath...

XM
24 Dec, 2020   XMBrexit deal announcement imminent, pound up

Britain and the European Union appear to be on the cusp of agreeing to a historic post-Brexit trade pact, with officials reportedly working through the night...

XM
18 Dec, 2020   XMGBPUSD maintains bullish tone despite pullback

GBPUSD is currently finding some footing on the mid-Bollinger band around 1.3491, after reversing from within a resistance band of 1.3607-1.3629, where it formed...


FXTM
14 Dec, 2020   FXTMWhy is the Pound climbing today, even as Brexit deadline closes in?

The Pound kicked off the week stronger against all of its G10 peers. GBPUSD is trading around 0.7 percent higher, as the currency pair's dip below its 50-day simple...

FXTM
11 Dec, 2020   FXTMHard Brexit: Should GBP be worried?

UK Prime Minister Boris Johnson has issued a warning asking his side of the English Channel to prepare for a hard Brexit. Despite the warning, GBPUSD...

XM
8 Dec, 2020   XMGBPUSD takes a hit and fades from fresh 30 month high

GBPUSD hit a snag and is retreating from its freshly logged multi-month high of 1.3538, and is even back under the previous highs of 1.3514 and 1.3481. The falling red...


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