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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 – 16th to 20th April 2018

The GBPUSD bullish trend made new progresses, but we’re still trading below the current year high 1.4345. The weekly closing price is what really makes the difference when we’re trading in a range. And the GBPUSD, broadly speaking, is trading in a wide range between resistance level 1.4345 and support level 1.3770. On an intraday […]

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GBPUSD Weekly Forex Forecast – 9th to 13th April 2018

The GBPUSD managed to defend the big psychological level 1.4000 and posted a strong weekly close above it. Last week late rally was motivated by the weaker than expected NFP report, which can provide further fuel for the bullish trend. As long as we stay above the big round number 1.4000, we should expect the […]

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GBPUSD Monthly Forex Forecast for April 2018

The GBPUSD is still nervously trading in a very wide trading range between support level 1.3711 and the lower range boarder and 1.4345 resistance level and the upper range boarder. In the middle we have the big psychological number 1.4000 which can give us more clues whether or not we’re ready to resume higher. As […]

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GBPUSD Weekly Forex Forecast – 2nd to 6th April 2018

The GBPUSD continues to trade above the big psychological number 1.4000 after it successfully avoided finishing the week below this important support level. However, we still can’t rule out a sell off below 1.4000 so we can retest the 200 moving average. But, any break below 1.4000 should quickly fade away unless we post a […]

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GBPUSD Weekly Forex Forecast – 26th to 30th Mar 2018

The GBPUSD has successfully broken above the big psychological number 1.4000 after the BOE has signaled a more hawkish tone to their interest rate policy. Moving forward, we should expect as long as we trade above 1.4000 the bullish momentum to prevail. Only a daily break and close below 1.4000 can put an end to […]

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GBPUSD Weekly Forex Forecast – 19th to 23rd Mar 2018

The GBPUSD has once again had a failed attempt to break above the big psychological number 1.4000. The inability to close above the big round number 1.4000 suggests that for the time being we can expect more consolidation. Any rally above 1.4000 should quickly fade away and the 1.4045 resistance level can put a cap […]

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GBPUSD Weekly Forex Forecast – 12th to 16th Mar 2018

The GBPUSD has produced an inside weekly bar which can signal that we can still see more ranging activity in the coming week. As long as we trade above last week low 1.3855 the consensus remains for more consolidation. However, a break below and a daily close below 1.3855 can open up the door for […]

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GBPUSD Weekly Forex Forecast – 5th to 9th Mar 2018

The GBPUSD took another dive and extended the previous losses. We find support at key support level 1.3770 but as long as we trade below the big psychological number 1.4000 we should expect the bearish momentum to prevail. The bounce from 1.3770 should be short lived and a break below last week low should open […]

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GBPUSD Weekly Forex Forecast – 26th Feb to 2nd Mar 2018

The GBPUSD broke below the big psychological number 1.4000 and posted a weekly close below. However, the bearish case is not resolved yet and as long as we trade above last week low 1.3855 there is still a chance we’ll see another attempt to regain the big round number 1.4000. More importantly remains the support […]

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GBPUSD Weekly Forex Forecast – 19th to 23rd Feb 2018

The GBPUSD has managed again to break above the big psychological number and more than just that we manage to post a weekly close above. This suggests that at least in the short term we should see some more bullish momentum. On the upside the first level of resistance comes at the yearly high level […]

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