Archive

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 – 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 […]

Continue reading

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

The GBPUSD has successfully broken below the big psychological number 1.4000 and has posted a deep close below. We can’t rule out the fact that this is just a retracement because the trend is still up for GBPUSD. Only a break and a close below the current year high can suggest that we’re done for […]

Continue reading

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

The GBPUSD price action was contained inside the last week price range which may indicate that going forward more ranging activity should be expected. The key resistance level remains the current yearly high 1.4344 which should contain any rally. However, a break and a daily close above this resistance level can open the door for […]

Continue reading

GBPUSD Weekly Forex Forecast – 29th Jan to 2nd Feb 2018

The GBPUSD bullish run reached new higher grounds extending above the big psychological number 1.4000. Now we should expect any sell of below 1.4000 to be faded if we want to bullish trend to remain intact. However, a daily break and close below 1.4000 will set in motion a much bigger retracement that can possibly […]

Continue reading

GBPUSD Weekly Forex Forecast – 22nd to 26th Jan 2018

The GBPUSD bullish trend has continued to extend to the upside, reaching new higher grounds. Last week high at 1.3950 remains our key resistance level but a break above will expose the big psychological number 1.4000. A retest of the big round number 1.4000 can produce a reaction lower since the current bullish run seems […]

Continue reading

GBPUSD Weekly Forex Forecast – 15th to 19th Jan 2018

The GBPUSD has finally managed to break above the key pivotal level 1.3657 confirming the bullish case scenario. As long as we trade above1.3657, which should now act as support, the bullish momentum should prevail. However, a break and a daily close below will once again send GBP/USD into consolidation if not reversal mode. On […]

Continue reading

GBPUSD Weekly Forex Forecast – 8th to 12th Jan 2018

  The GBPUSD has managed for a second week to post a weekly close above the big psychological level 1.3500 which can define the line between the bulls and the bears. The next hurdle to the upside remains the September swing high 1.3657 which needs to be broken for the current bullish run to have […]

Continue reading

GBPUSD Weekly Forex Forecast – 1st to 5th Jan 2018

The GBPUSD has finished the year on a strong note like most of the other USD crosses. It seems that the broad based dollar weakness has been a widespread phenomena this year end. The British Pound has managed to surge above the big psychological number 1.3500 and the weekly – yearly – close above the […]

Continue reading

GBPUSD Weekly Forex Forecast – 25th to 29th Dec 2017

The last trading week of the year should be quiet in terms of trading activity as the liquidity will dry out due to the holiday season. The GBPUSD has remained quiet for the most part of the last two weeks hovering above the important support level 1.3320. While we trade above this support level we […]

Continue reading

GBPUSD Weekly Forex Forecast – 18th to 22nd Dec 2017

The GBPUSD continues to trade in a frustrating range and with the holiday season approaching very quickly we should expect the liquidity to dry out. The current price range is established between 1.3320 support level and resistance level 1.3550. The weekly close is also near our support level but we can’t rule out a false […]

Continue reading
1 2 3 8