GBP/USD

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British Pound Short-Term Outlook: GBP/USD Coils Above Uptrend Support

British Pound is in consolidation just above multi-month uptrend support– breakout pending. The levels that matter on the GBP/USD short-term technical charts.

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British pound analysis: GBP/USD holds support in the mid-1.23s

GBP/USD remains above its rising 50- and 100-day EMAs potentially setting the stage for a continuation higher from here

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British Pound Technical Forecast: GBP/USD Battle Lines Drawn for June

British Pound rebounded off support this week and the battle lines are drawn heading into June. The levels that matter on the GBP/USD weekly technical chart.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CAD, Gold

The US Dollar has put in a big move over the past three weeks – but can it continue?

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GBP/USD, Oil outlook: Two trades to watch

GBP/USD falls amid debt ceiling jitters & ahead of US consumer confidence data. Oil weighs up debt ceiling news & economic growth concerns.

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May 30, 2023 03:28 AM
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar has continued to show strength and EUR/USD is testing a key spot of support at 1.0750. Can Dollar bulls continue to drive FX trends?

GBP/USD, DAX outlook: Two trades to watch

GBPUSD rises after hot inflation fuels BoE rate hike bets. DAX falls on debt ceiling jitters, IFO business sentiment data is up next.

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May 24, 2023 03:30 AM
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GBP/USD, Oil outlook: Two trades to watch

GBP/USD under pressure ahead of PMI data, BoE Bailey’s speech. Oil prices rises with debt talks in focus.

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May 23, 2023 03:24 AM
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EUR/USD, GBP/USD, AUD/USD: Commitment of traders report (COT) – 05/22/2023

The commitment of traders (COT) report shows how large speculators are positioned across futures markets on the CME exchange.

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GBP/USD, DAX outlook: Two trades to watch

GBP/USD falls on USD strength & debt ceiling optimism. DAX breaks out to a 15 month high.

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May 18, 2023 03:29 AM
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GBP/USD, EUR/USD forecast :Two trades to watch

GBP/USD falls after labour market data. EUR/USD rises cautiously ahead of GDP, German ZEW economic sentiment data.

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May 16, 2023 03:33 AM

GBP/USD, Oil outlook: Two trades to watch

GBP/USD rises as UK economy sees small growth in Q1. Oil set for a 4th weekly decline on demand concerns.

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May 12, 2023 03:52 AM
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GBP/USD forecast: What does BoE’s rate hike mean for pound?

Despite struggling post the BoE rate decision, the longer-term GBP/USD forecast remains bullish. But in the short-term, a drop back to 1.25 cannot be ruled out.

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US Dollar Price Action Setups post-CPI: EUR/USD, GBP/USD, AUD/USD

The US Dollar remains near longer-term support after this morning’s CPI report and EUR/USD and GBP/USD are both testing key spots of big picture resistance.

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British Pound short-term outlook: GBP/USD breakout faces BoE

British Pound surged to fresh yearly highs this week with the bulls eyeing resistance ahead of the BoE. Levels that matter on the GBP/USD short-term technical charts.

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GBP/USD forecast: BoE Preview

The ongoing bullish GBP/USD forecast is likely to change only modestly as the Bank of England (BoE) is unlikely to deliver a dovish surprise with inflation remaining in double-digits.

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May 9, 2023 09:30 AM
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GBP/USD outlook: US inflation and BOE meeting to drive the pound

US inflation and Thursday's BOE meeting are key events for GBP/USD traders to keep an eye on, ahead of the UK's data dump on Friday.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD

It was a busy week in the headlines, but the US Dollar has stuck to its recent range, as did EUR/USD, even as GBP/USD tests a fresh breakout.

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US Dollar Price Action Setups into NFP: EUR/USD, GBP/USD, USD/CAD

The US Dollar has continued in a range-bound fashion this week but notably, hasn’t yet taken-out double bottom support. But there remains some heavy headline risk on the docket for Friday trade.

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British Pound technical forecast: GBP/USD 2023 breakout levels

British Pound has rallied eight of the past nine-weeks with GBP/USD breaching the yearly opening-range highs. Levels that matter on the weekly technical chart.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is working on a doji formation on the weekly chart and next week brings a significant amount of headline risk with both the Fed and NFP on the docket.

GBP/USD forecast, FTSE forecast: Two trades to watch

GBP/USD rises ahead of US GDP. FTSE struggles for direction, Barclays jumps.

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April 27, 2023 03:54 AM
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GBP/USD forecast, DAX forecast: Two trades to watch

GBP/USD slips after UK borrowing data, US consumer confidence in focus. DAX falls as risk sentiment falters, US earnings due.

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April 25, 2023 03:16 AM