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Category Archives for "GBPUSD Weekly Forex Forecast"

Every week we recap the previous week and forecast the following week where we think the GBPUSD will be heading in our GBPUSD Weekly Forex Forecast. We know you will like our short but concise GBPUSD analysis.

GBPUSD Weekly Forex Forecast – 14th to 18th Aug 2017

The GBPUSD has manage to break below the big psychological number 1.3000 for a brief period of time. However, neither the bulls nor the bear managed to take control of the trend. Even though we have a marginal weekly close above 1.3000 that’s still not enough for the bull case. There is still a risk […]

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GBPUSD Weekly Forex Forecast – 7th to 11th Aug 2017

The GBPUSD gave back some of the previous gains after it broke through successive support levels. On a weekly basis, we still weren’t able to close below the big psychological number 1.3000. However, the risk remains skewed to the downside as long as we still trade above the 200-EMA the bullish trend remains intact. The […]

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GBPUSD Weekly Forex Forecast – 31st July to 4th Aug 2017

The GBPUSD has managed to break back above the big psychological number 1.3000 maintaining the bullish perspective intact. Obviously, as long as we trade above 1.3000 support level, we should expect GBPUSD to continue moving higher. The first resistance level is 1.3158 last week high while a break and a daily close above this level […]

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GBPUSD Weekly Forex Forecast – 24th to 28th July 2017

  The GBPUSD has seen a retracement below the big psychological number 1.3000 and give back some of the previous gains. The weekly close below the big round number 1.3000 is bearish and can push GBPUSD to retest 1.2880 the next significant support level. A break and a daily close below 1.2280 will open up […]

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GBPUSD Weekly Forex Forecast – 17th to 21st June 2017

The GBPUSD technical pattern has turned into a strong bullish trend after we broke above the big psychological number 1.3000. The weekly close above 1.3000 has open up the door for a retest of the 1.3300 the next significant resistance level. On the downside the 1.3047 followed by 1.3000 remains key support levels. The stochastic […]

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GBPUSD Weekly Forex Forecast – 10th to 14th June 2017

The GBPUSD is pulling back and slowly retracing into the previous rally. Last week we moved in a very narrow range but slightly to the downside. Current sell-off looks corrective in nature, but we can still see further downside as long as we trade below the big psychological number 1.3000. The stochastic indicator has only […]

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GBPUSD Weekly Forex Forecast – 26th to 30th June 2017

The GBPUSD has rallied back above the big psychological number 1.3000 as the BOE Governor Mark Carney hint towards higher interest rates if the economic growth activity improves. The GBPUSD short-term technical pattern remains strongly bullish while we are trading above the 1.3000 big round number. The stochastic indicator is already in overbought conditions for […]

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GBPUSD Weekly Forex Forecast – 26th to 30th June 2017

The GBPUSD managed to break below previous week low after a very aggressive sell off, but we’re again moving in a very narrow range. The summer trading conditions should impact the liquidity, thus we can expect to see more ranges in the coming weeks. The focus is back on the intraday resistance level 1.2800 which […]

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GBPUSD Weekly Forex Forecast – 19th to 23rd June 2017

The GBPUSD has spent all the previous week in a very definite trading range. The low of the range is 1.2633 support level and previous week low. On the upside, we have an intraday resistance level at 1.2816 but the next important resistance level is around the 1.2900 level. A break above this level will […]

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GBPUSD Weekly Forex Forecast – 12th to 16th June 2017

The UK parliament elections have shocked the market, which triggered a new round of GBPUSD selling pressure. The UK PM May has lost the majority in in the UK parliament which is going to make the Brexit talks more difficult and this market theme is going to keep GBPUSD under pressure in the coming week. […]

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