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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 – 29th Aug to 2nd Sept 2016

Friday’s GBP/USD sell-off was inspired by Fed Chairwomen Janet Yellen which delivered a hawkish speech that adds to the case of another imminent rate hike. The Brexit negative sentiment coupled with renewed dollar buyers motivated by Yellen’s speech kept the GBP/USD below 1.3300 key resistance and this resulted in a weekly rejection bearish bar which […]

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GBPUSD Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Last week’s GBPUSD up drift lack momentums and it failed to produce a close above the 200-day moving average a key resistance level which is constructive for the bearish case. The downside channel formed in the aftermath of Brexit event is also keeping the price action inside a wide trading range with 1.3500 big psychological […]

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GBPUSD Weekly Forex Forecast – 15th Aug to 19th Aug 2016

The GBP/USD technical pattern looks very constructive for more downside pressure as we’re moving inside a well-defined downside channel or a bearish flag formation. The post-Brexit price action can be characterized by sharp rallies interrupted by successive lower lows that are encouraging the bearish view. The GBP/USD exchange rate was also altered by the BOE […]

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