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.

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...

FxPro
7 Dec, 2020   FxProSterling dives as Brexit talks hang in the balance

Sterling extended losses against the U.S. dollar on Monday, amid escalating fears that U.K. and EU negotiators may fail to reach a deal before a transition...

XM
4 Dec, 2020   XMGBPUSD eases below 1-year high around 1.3500

GBPUSD is losing ground after it reached a fresh one-year high marginally below 1.3500 on Thursday. The momentum indicators suggest there is still some downside...

HotForex
27 Nov, 2020   HotForexBrexit endgame remains in sharp focus

Sterling has seen limited direction, continuing to hold gains from month-ago levels of around 1.5% to 2.5% versus the Dollar, Euro and Yen. There is still...


OctaFX
25 Nov, 2020   OctaFXGBP/USD surrenders intraday gains

GBP/USD struggled to preserve early gains and witnessed a modest intraday pullback. Not so optimistic Brexit comments by Von der Leyen took its toll on the British pound...

FXTM
18 Nov, 2020   FXTMPound gains amid hopes of Brexit trade deal breakthrough

The Pound is gaining against most of its G10 peers, following news reports that a post-Brexit trade deal may be secured by early next week. GBPUSD continues...

FXTM
18 Nov, 2020   FXTMGBPUSD recovery extends beyond 1.3250

Hopes for a successful post-Brexit trade deal has boosted the British Pound against the Dollar and most G10 currencies this week. Buying sentiment towards...


OctaFX
16 Nov, 2020   OctaFXGBP/USD risks a drop to 1.3000 and the 1.2920 area

Cable could lose further momentum and recede to the 1.3000 region and probably 1.2920 in the short-term, suggested Karen Jones, Team Head FICC Technical Analysis...

eXcentral
12 Nov, 2020   eXcentralAn Analysis of GBPUSD

The British economy and the Great British Pound is continuously changing each day with COVID-19, EU/UK Brexit negotiations ongoing and the market eager to see...

XM
5 Nov, 2020   XMBoE set to boost QE as lockdown and Brexit cause economic havoc

The Bank of England will conclude its latest policy meeting on Thursday, announcing its decision at 07:00 GMT. As it's November, the Bank will also be publishing...


OctaFX
3 Nov, 2020   OctaFXGBP/USD rises further above 1.3050 on us election day

US stocks rally after the opening, weakening further the US Dollar. Cable extends daily gains to more than 150 pips. The GBP/USD rose further after the opening in Wall Street...

OctaFX
2 Nov, 2020   OctaFXCovid and politics to continue weighing on the pound

GBP/USD has dipped below 1.2865, a double-bottom recorded during October. While the break is yet to be confirmed, pressure is mounting after the UK announced...

FXTM
15 Oct, 2020   FXTMSterling boosted by suspected Brexit delay

GBP is the strongest performer on the day and now flat on the week versus the mighty Dollar following reports that the UK is ready to extend EU...


HotForex
14 Oct, 2020   HotForexSterling in the cross-hairs again

The Pound was under pressure earlier and was showing about a 0.5% decline on the day against the Dollar and Yen, and about a 0.4% decline versus the Euro...

FXTM
12 Oct, 2020   FXTMGBPUSD Daily: Bulls are entering the arena

The bears had a firm grip on the GBPUSD currency pair on the D1 time-frame, and that have brought on a prolonged downtrend that lasted for more than...

FIBO Group
8 Oct, 2020   FIBO GroupGBP may strengthen strongly

Let me remind you that last week negotiations on a trade deal between the EU and Britain reached a critical level and a lawsuit from EU. But a number of experts...


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