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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 – 12th to 16th Nov 2018

The GBPUSD has managed to close back below the big psychological number 1.3000, which suggests that in the short-term the bears have gained control of the market. As long as we trade below the big round number 1.3000 on a daily closing basis we should expect the downside to prevail. On the downside, the first […]

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GBPUSD Weekly Forex Forecast – 4th to 9th Nov 2018

The GBPUSD once again managed to briefly break above the big psychological number 1.3000 but we couldn’t sustain the move above the big round number. Even though we’ve posted a weekly close below 1.3000 level, the last week rally was strong enough to suggest that we might see a shift in the trend direction. Having […]

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GBPUSD Weekly Forex Forecast – 29th Oct to 2nd Nov 2018

The GBPUSD broke below the key psychological number 1.3000 and the bears managed to successfully post a weekly close below the big round number. As long as we trade below the big round number 1.3000, the bearish momentum should prevail. On the upside, we first need to conquer the resistance level 1.2960 if the bulls […]

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

The GBPUSD bulls have managed to hold the pair above the big round number 1.3000 and we posted a strong close that is indicative that the bulls are still controlling this market. Only a break and a daily close below the big psychological number 1.3000 can suggest a reversal. But we also can’t rule out […]

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

The GBPUSD has managed to successfully defend the big psychological number 1.3000 and we posted another strong weekly close above it. As long as we trade above the big round number the bullish momentum should prevail. On the upside, we should expect the bulls to try challenge again the resistance level 1.3280. If we post […]

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

The GBPUSD managed to post a strong close above the big psychological number 1.3000. The bulls have managed to defend once again this key support level. As long as we trade above 1.3000 on a daily closing basis the bullish momentum should prevail. On the upside the first level of interest comes at the resistance […]

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

The GBPUSD managed to briefly break below the big psychological number 1.3000 but it couldn’t post a weekly close below it. However, the weak close above 1.3000 still suggests that the bulls are very weak, otherwise they would have the power to defend this key support level. The primary trend remains to the downside so […]

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GBPUSD Weekly Forex Forecast – 24th to 28th Sept 2018

The GBPUSD has closed the previous week slightly unchanged. The weekly close above the big psychological number 1.3000 only gives the bulls the upper hand in the short-term. The long-term trend remains to the downside so a close below 1.3000 can be the signal that the bearish trend is resuming. The first level of support […]

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GBPUSD Weekly Forex Forecast – 17th to 21st Sept 2018

The GBPUSD has made a significant advancement above the big psychological number 1.3000. The weekly close above the big round number is suggesting that in the short-term the bulls are in control. However, the bearish trend that has started since April high is still intact and a daily break and close below 1.3000 can resurrect […]

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GBPUSD Weekly Forex Forecast – 10th to 14th Sept 2018

The GBPUSD had another attempt to break above the key psychological number 1.3000, but it failed miserably again. The weekly close below 1.3000 suggests that the bears are still in control of this market. On the upside only a daily break and close above 1.3000 can suggest a shift in the market sentiment. This will […]

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