GBPUSD Weekly Forex Forecast Archives - Advanced Forex Strategies

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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 – 18th to 22nd June 2018

The GBPUSD is currently moving in a very narrow consolidation zone. We have a strong support level at 1.3200, which is currently holding the downside and it’s the bottom of the range. On the upside the 1.3450 followed by the big psychological number 1.3500 acts as a strong resistance. We need a clear breakout of […]

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GBPUSD Weekly Forex Forecast – 11th to 15th June 2018

The GBPUSD has had an attempt to regain the big level 1.3500 but it failed and it produced a close below the big psychological number. While this is a confirmation that the bears are still in control, we can’t rule out the possibility of another attempt to challenge the big round number 1.3500. Only a […]

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GBPUSD Monthly Forex Forecast for June 2018

The GBPUSD has broken below multiple levels of support and it’s trading down more than 1000 pips counting from April high. However, even though this is a strong bearish trend on the daily chart the stochastic indicator has posted extreme oversold readings suggests that sooner rather than later a bounce can be in the cards. […]

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GBPUSD Weekly Forex Forecast – 4th to 8th June 2018

The GBPUSD has managed to find support near the support level 1.3200 but we still need to see more conviction behind this rally before to proclaim that a swing low is now in place. As long as we are trading above last week low on a daily closing basis we can expect more upside. However, […]

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GBPUSD Weekly Forex Forecast – 28th May to 1st June 2018

The bearish GBPUSD trend has extended further to the downside reaching new lows for the year. We still haven’t reached extreme oversold conditions on the 4h time frame, however on the daily time frame we’re already oversold for quite some time. There is still the possibility to see one more leg down towards next important […]

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GBPUSD Weekly Forex Forecast – 21st to 25th May 2018

The GBPUSD weekly closing price below the big psychological number 1.3500 is a clear sign that the bears are still in control of this market. Even though the downside seems a little bit overstretched, we should expect the bearish momentum to prevail while we still trade below 1.3500. On the downside the next important support […]

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GBPUSD Weekly Forex Forecast – 14th to 18th May 2018

The GBPUSD has briefly broken below the big psychological number 1.3500 but the weekly close above suggests that the bulls still got a chance to at least see some correction. The first major resistance levels only come at 1.3712 but in order to see it retested again we still need a daily break and close […]

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GBPUSD Weekly Forex Forecast – 7th to 11th May 2018

The GBPUSD bulls have managed to successfully defend the big psychological number and we posted a weekly close above the big psychological number 1.3500. The weekly close above 1.3500 doesn’t discount the possibility of another short lived dip below 1.3500 before the bulls can have another chance to take control of this market. The stochastic […]

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GBPUSD Monthly Forex Forecast for May 2018

The GBPUSD is in the process of reversing the previous trend or at least to develop a significant pullback after it has posted a massive bearish divergence on the daily chart. The also Cable made a new yearly high touching the 1.4376 level from where it sold off because the move was lacking the necessary […]

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GBPUSD Weekly Forex Forecast – 30th April to 4th May 2018

The GBPUSD broke to the downside through several key levels and as long as we trade below the big psychological number 1.4000 we should expect the current bearish tone to drive the market more to the downside. However, in the short-term, we can still expect a pullback because the downside looks overextended. The first level […]

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