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GBP/USD Forecast


Solid ceiling to be found at the 55-DMA at 1.2830 for a move back lower
Solid ceiling to be found at the 55-DMA at 1.2830 for a move back lower

GBP/USD has seen a sharp recovery. However, the pair is likely to remain capped below its 55-day moving average (DMA) at 1.2830 for a move back lower...

25 May 2022FXCM

The Pound rebounded from the bottom
The Pound rebounded from the bottom

GBPUSD is successfully moving away from its lows. The Pound sterling continues recovering against the USD on Tuesday. The current quote for the instrument is 1.2458...

18 May 2022RoboForex

GBP is falling non-stop
GBP is falling non-stop

GBPUSD remains under bearish pressure; there is no good news. The Pound sterling continues weakening against the USD on Thursday. the current quote for the instrument is 1.2205..

13 May 2022RoboForex

GBP after BoE flagged stagflation risks
GBP after BoE flagged stagflation risks

We saw another dovish rate hike from the BoE, as the central bank delivered a strong stagflation warning alongside a quarter point lift to Bank Rate, which now stands at 1.00%...

9 May 2022HFM

GBPUSD beats its range. Can buyers start a new leg higher?
GBPUSD beats its range. Can buyers start a new leg higher?

Today’s focus is on GBPUSD after its solid rally yesterday, as markets surged to the USD after the FOMC statement suggested the Fed might not be as aggressive in its policy to combat inflation...

6 May 2022Eightcap

GBP: the future is vague
GBP: the future is vague

GBPUSD is falling before the May meeting of the Bank of England. The Pound sterling is looking rather weak against the USD. The current quote for the instrument is 1.2525...

5 May 2022RoboForex

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GBP/USD: Potential to breach 1.2475 for a flush to 1.21
GBP/USD: Potential to breach 1.2475 for a flush to 1.21

Sharply business and consumer surveys and retail sales suggest guidance for more measured hiking from the Bank of England (BoE). Subsequently, the GBP/USD...

28 Apr 2022OctaFX

Refreshes daily low, eyes 1.3000 amid some USD dip-buying
Refreshes daily low, eyes 1.3000 amid some USD dip-buying

GBP/USD witnessed an intraday turnaround from the one-week high touched on Thursday. Sustained break below the 1.3000 mark would set the stage for additional near-term losses...

21 Apr 2022OctaFX

The Pound is too weak
The Pound is too weak

GBPUSD is still falling and slowly approaching the lows. The Pound sterling resumed its decline against the USD. The current quote for the instrument is 1.3012...

12 Apr 2022RoboForex

The Pound is afraid to move
The Pound is afraid to move

GBPUSD remains under pressure and may start plunging at any moment. It seems like the Pound sterling is afraid to move at all against the USD. The current quote...

11 Apr 2022RoboForex

The Pound retreats ahead of dollar; could fall to 1.2500
The Pound retreats ahead of dollar; could fall to 1.2500

The US dollar works its way up against European currencies, including the British Pound. After a corrective bounce from March 15th to the 23rd, GBPUSD...

8 Apr 2022FxPro

The Pound is going down
The Pound is going down

GBPUSD remains inside the downtrend and is slowly approaching the lows. The pound sterling slowed down its decline against the USD but is still looking rather weak...

8 Apr 2022RoboForex

GBP/USD sticks to modest recovery gains
GBP/USD sticks to modest recovery gains

GBP/USD gained some positive traction on Thursday, though struggled to capitalize on the move. The Fed’s hawkish outlook, a softer risk tone underpinned...

7 Apr 2022FXCM

GBP/USD: A retest and a break below the 1.30 level appears increasingly likely
GBP/USD: A retest and a break below the 1.30 level appears increasingly likely

The pound has o started this week on a softer footing following dovish comments yesterday from Bank of England (BoE) Governor Bailey. It has resulted...

29 Mar 2022OctaFX

A break below 1.31400 on the GBP/USD currency pair is now being sought
A break below 1.31400 on the GBP/USD currency pair is now being sought

The US dollar strengthens versus a wide range of currencies. The US Dollar Index has risen over the previous barrier level of 99 and is now testing the next level...

28 Mar 2022FxGlory

GBP/USD struggles near two-day low
GBP/USD struggles near two-day low

A broad-based USD strength dragged GBP/USD lower for the second straight day on Thursday. The mixed UK PMI prints failed to impress bullish traders...

24 Mar 2022OctaFX

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GBP: A Case of “Sell the Fact”
GBP: A Case of “Sell the Fact”

BoE flags possible review of guidance with next set of forecasts. The BoE did the expected and hiked the Bank Rate by another 25 bps to 0.75% while repeating that...

18 Mar 2022HFM

GBPUSD: Battle Of The Hawks
GBPUSD: Battle Of The Hawks

If you are not afraid of volatility and want some action, then keep a close eye on the GBPUSD. The week ahead promises to be eventful for the currency pair...

16 Mar 2022FXTM

The Pound dropped to its 18-month lows
The Pound dropped to its 18-month lows

GBPUSD continues falling and updating its local lows. The British Pound is getting weaker against the USD on Monday. The current quote for the instrument is 1.3051. What is happening?

14 Mar 2022RoboForex

GBP/USD to extend its slide towards 1.30 as resistance at 1.31 caps
GBP/USD to extend its slide towards 1.30 as resistance at 1.31 caps

GBP/USD has declined to the weakest level since November 2020 near 1.3050. The pair is likely to stay under bearish pressure as long as 1.3100 resistance holds...

11 Mar 2022OctaFX

GBP/USD to extend its recovery if the 1.3440 level turns into support
GBP/USD to extend its recovery if the 1.3440 level turns into support

GBP/USD seems to have settled comfortably above 1.3400 early Tuesday. As FXStreet’s Eren Sengezer notes, cable looks to extend recovery to 1.3500...

1 Mar 2022OctaFX

The Pound lost balance
The Pound lost balance

GBPUSD is falling attacked by the greenback. The British Pound is falling against the USD on Tuesday. The current quote for the instrument is 1.3580. Revival of the...

23 Feb 2022RoboForex

GBPUSD setting up for a continuation?
GBPUSD setting up for a continuation?

Today we’re looking at the GBPUSD as buyers continue to hold firm and now only face one level of resistance both they can get the new uptrend back on track...

17 Feb 2022Eightcap

The Pound continues rising
The Pound continues rising

GBPUSD has been strengthening for the second consecutive trading session; the statistics support the pair. The British Pound is still growing against the USD...

16 Feb 2022RoboForex

GBPUSD Waits For Fresh Directional Catalyst
GBPUSD Waits For Fresh Directional Catalyst

Have you ever been sprayed by a shaken soda can or seen the cork pop from a champagne bottle? Now imagine a similar situation on the GBPUSD. The currency pair...

15 Feb 2022FXTM

The Pound remains under pressure
The Pound remains under pressure

GBPUSD is retreating early in the week; there will be a lot of interesting ahead. The British Pound is “losing weight” against the USD on Monday. The current...

14 Feb 2022RoboForex

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GBPUSD at a crossroads with support building
GBPUSD at a crossroads with support building

Today we're looking at GBPUSD as price has lifted from a demand area and could be trying to set up a new continuation. Looking at today’s price action...

11 Feb 2022Eightcap

The Pound successfully recovered
The Pound successfully recovered

GBPUSD took a break amid a series of increases; however, it is still looking great. The British Pound paused its growth against the USD on Wednesday...

2 Feb 2022RoboForex

GBP/USD: Solid support emerges around 1.3300
GBP/USD: Solid support emerges around 1.3300

While further downside remains on the cards, Cable is expected to meet a tough support in the 1.3300 zone, suggested FX Strategists at UOB Group...

28 Jan 2022OctaFX

GBP/USD remains well supported above 1.3600
GBP/USD remains well supported above 1.3600

GBP/USD has been choppy but ultimately remained well supported above 1.3600. Sterling continues to shrug off Westminster noise surrounding the potential ousting...

21 Jan 2022OctaFX


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