GBPUSD Technical Analysis Report 12 April, 2021

• GBPUSD reversed from support area • Likely to rise to resistance level 1.3905 GBPUSD currency pair recently reversed up from the support area lying between the support level 1.3680 (stopped the previous minor corrective…

GBPUSD Technical Analysis Report 07 December, 2020

GBPUSD reversed from major resistance level 1.3490 Likely to fall to support level 1.3150 GBPUSD currency pair continues to fall inside the sharp downward corrective wave (ii) which started previously from the major resistance level…

British Pound

Sterling Technical Analysis Report 23 November, 2020

GBPUSD broke key resistance level 1.330 Likely to rise to 1.350 Sterling continues to rise inside the C-wave of the intermediate ABC correction (2) – which earlier today broke through the key resistance level 1.3300…

GBPUSD

Focus on Brexit Talks to Set the Tone…

The focus in Europe lately has been on the Brexit talks between UK Prime Minister Boris Johnson and EU officials. It looks like the negotiations may continue past the October 15th deadline set by the…

Week Ahead

Uncertainty and Risks Remain for US Markets –…

After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…

USDCHF

MARKET WRAP: Swiss National Bank & Dollar Breakout

The British pound, Aussie dollar and gold have all fallen to 2-month lows against a resurgent US dollar, which is gaining amid rising political uncertainty. The SNB will likely continue its policy of FX intervention…

Forex Analysis

Forex Technical Analysis & Forecast for September 10th,…

EURUSD, “Euro vs US Dollar” The currency pair performed a decline to 1.1753 and is now correcting. Today, it might reach 1.1820, then decline to 1.1790. At these levels, a consolidation range may form. Upon…

British Pound

Forex Technical Analysis & Forecast 03.09.2020

EURUSD, “Euro vs US Dollar” The currency pair keeps developing a wave of decline to 1.1800. After this level is reached, we expect growth to 1.1850. On these levels, a consolidation range may form. This…

Forex Technical Analysis & Forecast 31.08.2020

EURUSD, “Euro vs US Dollar” The currency pair has broken away from the level of 1.1865 upwards. The market has used a trend continuation pattern and, rising, reached the local goal of 1.1919.The market is…