GBP/USD – Forecast and Analysis

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

GBP/USD started a strong increase above the 1.2300 resistance zone and it could rise further. EUR/GBP is likely to dip further before it attempts a fresh upward move. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained traction and rallied above the 1.2350 level. There is a key ...

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

GBP/USD failed to clear the 1.2300 resistance and started a fresh decline. GBP/JPY is also sliding and it might continue to move down towards the 130.50 level. Important Takeaways for GBP/USD and GBP/JPY The British Pound declined recently and traded below the key 1.2200 support. There is a ...

GBP/USD and EUR/GBP: British Pound Could Continue To Struggle

GBP/USD started a major decline and broke the 1.2180 support zone. As a result, EUR/GBP gained traction and rallied above the 0.8850 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a significant downtrend from well above 1.2400. There is a crucial bearish ...

GBP/USD Recovering Nicely, USD/CAD is Following Downtrend

GBP/USD started a fresh increase above the 1.2350 resistance area. Conversely, USD/CAD declined heavily and it is now trading well below the 1.4000 pivot level. Important Takeaways for GBP/USD and USD/CAD The British Pound traded as low as 1.2266 before starting a fresh increase. There was a ...

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

GBP/USD topped near the 1.2640 level and started a fresh decline below 1.2550. EUR/GBP is showing positive signs and it could rise further above 0.8800. Important Takeaways for GBP/USD and EUR/GBP The British Pound struggled to stay above 1.2600 and it declined below the 1.2500 level. The bears ...

GBP/USD and GBP/JPY: British Pound Facing Hurdles

GBP/USD started a decent recovery from the 1.2250 support zone and climbed above 1.2350. GBP/JPY is also rising, but facing hurdles near the 133.50 level. Important Takeaways for GBP/USD and GBP/JPY The British Pound is currently correcting higher and testing the 1.2400-1.2410 resistance zone. ...

GBP/USD and EUR/GBP: British Pound Could Extend Losses

GBP/USD is currently struggling to clear the 1.2500-1.2520 resistance area and it could extend its decline. EUR/GBP might correct higher towards 0.8720 or 0.8750. Important Takeaways for GBP/USD and EUR/GBP The British Pound formed a swing high near the 1.2645 before starting a fresh decline. ...

GBP/USD Could Rise Further While GBP/JPY Is Sliding

GBP/USD started a decent increase and climbed above the 1.2450 resistance. Conversely, GBP/JPY is currently correcting lower and it could decline towards 134.00. Important Takeaways for GBP/USD and GBP/JPY The British Pound is currently consolidating gains above the 1.2450 support. There is a ...

GBP/USD and EUR/GBP: British Pound Correcting Gains

GBP/USD is currently correcting gains from the 1.2475 resistance area. Similarly, EUR/GBP is correcting higher and it could recover towards the 0.8950 level. Important Takeaways for GBP/USD and EUR/GBP The British Pound traded close to the 1.2500 resistance area, where the bears emerged. There ...

GBP/USD and EUR/GBP: British Pound Gaining Traction

GBP/USD is gaining pace and it recovered above the 1.2300 resistance area. EUR/GBP is sliding and it is likely to face hurdles near the 0.9050 area. Important Takeaways for GBP/USD and EUR/GBP The British Pound is showing a lot of positive signs above the 1.2300 and 1.2350 levels. There is a ...

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