GBP/USD – Forecast and Analysis

GBP/USD and GBP/JPY: British Pound Could Extend Gains

GBP/USD started a strong increase above the 1.2850 and 1.3000 resistance levels. GBP/JPY is also rising and it is likely to continue higher above 139.00 unless there is a break below 138.00. Important Takeaways for GBP/USD and GBP/JPY The British Pound gained bullish momentum and it even ...

GBP/USD Surges Above 1.2800, EUR/GBP Facing Major Hurdle

GBP/USD started a strong increase above the 1.2600 resistance and climbed above 1.2800. EUR/GBP is trading in a positive zone, but it is facing a major hurdle near 0.9130. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained bullish momentum above the 1.2600 and 1.2700 levels. ...

GBP/USD Diving While USD/CAD Is Showing Bullish Signs

GBP/USD struggled to continue above the 1.2650 resistance and declined below 1.2550. USD/CAD is showing positive signs and it could continue to rise towards 1.3650. Important Takeaways for GBP/USD and USD/CAD The British Pound is following a bearish path from well above the 1.2620 level. There ...

GBP/USD and EUR/GBP: British Pound Signaling More Upsides

GBP/USD started a strong increase above the 1.2560 resistance and climbed above 1.2620. EUR/GBP declined steadily and it is now facing hurdles near 0.8965. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained bullish momentum above the 1.2560 and 1.2600 levels. There is a key ...

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

GBP/USD started a fresh increase above the 1.2420 and 1.2440 resistance levels. GBP/JPY is also rising and it seems like there are chances of more upsides above 1.2500. Important Takeaways for GBP/USD and GBP/JPY The British Pound found a strong support at 1.2250 and it started a fresh ...

GBP/USD and EUR/GBP: British Pound Could Extend Losses Jun 2020

GBP/USD started a fresh decline below the 1.2450 support level. EUR/GBP climbed higher above the 0.9050 resistance and it is showing signs of more upsides. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined steadily after it failed to stay above the 1.2500 support. There is ...

GBP/USD Turns Red, USD/CAD is Consolidating Gains

GBP/USD started a strong decline from well above the 1.2750 level and it broke the 1.2550 support. Conversely, USD/CAD climbed towards 1.3680 and it is currently consolidating gains. Important Takeaways for GBP/USD and USD/CAD The British Pound traded below the 1.2650 and 1.2550 support levels. ...

GBP/USD and EUR/GBP: British Pound Signaling More Losses

GBP/USD started a sharp downside correction after it rallied towards 1.2820. EUR/GBP is rising steadily and it might clear the 0.9000 resistance zone in the near term. Important Takeaways for GBP/USD and EUR/GBP The British Pound is declining and trimming gains from the 1.2800 resistance level. ...

GBP/USD and GBP/JPY: British Pound Accelerating Higher

GBP/USD rallied recently and broke the 1.2650 resistance zone. GBP/JPY is also rising and it is trading well above the 138.00 pivot and support zone. Important Takeaways for GBP/USD and GBP/JPY The British Pound started a strong rise and broke many hurdles near 1.2600. There is a key bullish ...

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 ...

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