GBP/USD – Forecast and Analysis

GBP/USD and GBP/JPY: British Pound Could Resume Upside

GBP/USD started a decent increase from the 1.2849 low and recovered above 1.2950. GBP/JPY is trading nicely in a positive zone above 144.00 and it could continue to rise. Important Takeaways for GBP/USD and GBP/JPY The British Pound recovered nicely above the 1.2920 and 1.2940 resistance ...

GBP/USD and EUR/GBP: British Pound Climbing Higher

GBP/USD started a decent recovery and climbed above the 1.3020 resistance area. EUR/GBP declined heavily below 0.8400 and it could continue to move down towards 0.8250. Important Takeaways for GBP/USD and EUR/GBP The British Pound started an upward move from the 1.2880 support area. There is a ...

GBP/USD In Downtrend While USD/CAD Could Rise Again

GBP/USD declined heavily in the past few days and broke the 1.3000 support area. Conversely, USD/CAD climbed towards the 1.3300 resistance area and it is currently consolidating gains. Important Takeaways for GBP/USD and USD/CAD The British Pound is back in a downtrend below the 1.3000 support ...

GBP/USD and EUR/GBP: British Pound Bulls In Control

GBP/USD started a strong increase above the 1.3100 resistance area and climbed to 1.3200. EUR/GBP is currently correcting higher, but upsides remain capped in the near term. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a sharp upward move from the 1.2980 swing low. ...

GBP/USD and GBP/JPY: British Pound Remains At Risk

GBP/USD failed to continue above 1.3150 and started a fresh decline below the 1.3100 support. GBP/JPY is also under pressure and it is likely to continue lower below 142.00. Important Takeaways for GBP/USD and GBP/JPY The British Pound failed to continue above the 1.3150 and 1.3165 resistance ...

GBP/USD and EUR/GBP: British Pound Could Decline Further

GBP/USD failed to continue above 1.3120 and declined below the 1.3035 support. On the other hand, EUR/GBP is rising and it is likely to continue higher above the 0.8540 resistance. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a sharp decline after it failed to clear the ...

GBP/USD Sliding While USD/CAD Is Approaching Support

GBP/USD failed to gain strength above 1.3200 and recently started a fresh decline below 1.3100. USD/CAD is also declining, but it is approaching a key support near the 1.3030 area. Important Takeaways for GBP/USD and USD/CAD The British Pound topped near the 1.3200 area and declined below the ...

GBP/USD and EUR/GBP: British Pound Could Correct Further

GBP/USD is currently correcting lower and trading below the 1.3100 support. EUR/GBP is rising steadily and it might climb towards the 0.8580 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a downside correction after it failed near the 1.3280-1.3285 ...

GBP/USD Recovering While USD/CAD Diving

GBP/USD found support near 1.2900 and it is currently recovering above 1.3000. Conversely, USD/CAD is diving and it could continue to slide below 1.3060. Important Takeaways for GBP/USD and USD/CAD The British Pound found support near the 1.2900 area after a strong decline. There was a break ...

GBP/USD and EUR/GBP: British Pound Losing Strength

GBP/USD is declining and it is now trading well below the 1.3150 level. EUR/GBP is recovering and it could continue to rise towards the 0.8560 resistance. Important Takeaways for GBP/USD and EUR/GBP The British Pound is showing a lot of negative signs below the 1.3100 level. There is a key ...