Forecasts of GBP/USD

12.04.2021EURUSD, “Euro vs US Dollar”EURUSD is falling towards 1.1855 and may later grow to reach 1.1895, thus forming a new consolidation range between these two levels. If the price breaks this range to the downside, the market may fall to reach 1.1800; if to the upside – resume trading upwards wi...

USA helps the whole world Market Watch review. 09.04.2021 In today's release, we’ll cover the following topics: US foreign trade deficit. General weakening of the pound sterling. Gold is trying to regain lost ground. It is no secret that the US economy is recovering rapidly due to an incredibly lar...

09.04.2021EURUSD, “Euro vs US Dollar”The currency pair completed a wave wave of growth to 1.1921. Today the market is trading in a consolidation range around 1.1910. Currently, there is a structure of decline to the lower border of the range (1.1891) forming. With an escape from the range downwards,...

08.04.2021EURUSD, “Euro vs US Dollar”The currency pair completed a wave of decline to 1.1901. Today the market is trading in a structure of declining to 1.1820, after which growth to 1.1867 should follow. Then another wave of declining to 1.1806 is likely to develop.GBPUSD, “Great Britain Pound vs U...

07.04.2021EURUSD, “Euro vs US Dollar”The currency pair formed a consolidation area around 1.1808 and broke it away upwards. Practically, the market suggested the extension og the wave of growth. Today the market has reached the local goal of this extension at 1.1877. We expect a new vonsolidation ar...

06.04.2021EURUSD, “Euro vs US Dollar”The currency pair has completed a wave of growth to 1.1816. Today the market is forming a consolidation area under this level. We expect a decline to 1.1750. In case of a breakaway of 1.1820 upwards, growth might continue to 1.1900. In the case 1.1750 is broken d...

05.04.2021EURUSD, “Euro vs US Dollar”The currency pair completed a wave of growth towards 1.1785. Today the market is correcting to 1.1747, after which we expect growth to 1.1797. The price can even leap up to 1.1830, after which a wave of decline to 1.1700 might start.GBPUSD, “Great Britain Pound v...

02.04.2021EURUSD, “Euro vs US Dollar”After breaking the consolidation range to the upside, EURUSD is expected to grow and reach 1.1800. Later, the market may fall to test 1.1759 from above and then resume trading upwards with the first target at 1.1815.GBPUSD, “Great Britain Pound vs US Dollar”After...

01.04.2021EURUSD, “Euro vs US Dollar”As we can see in the daily chart, after failing to break 1.1990 to continue the ascending wave towards 1.2250, EURUSD rebounded from the former level and formed another descending wave to reach 1.1850. After that, the instrument formed a downside continuation pat...

01.04.2021EURUSD, “Euro vs US Dollar”EURUSD has returned to 1.1759. Possibly, today the pair may fall towards 1.1700 and form a new consolidation range there. Later, the market may break the range to the upside and resume trading upwards with the target at 1.1990.GBPUSD, “Great Britain Pound vs US D...

31.03.2021EURUSD, “Euro vs US Dollar”After reaching its short-term downside target, EURUSD is expected to consolidate near the lows. Possibly, the pair may expand the range down to 1.1700. Later, the market may break the descending channel and resume trading upwards with the target at 1.1990.GBPUSD,...

30.03.2021EURUSD, “Euro vs US Dollar”EURUSD continues consolidating above 1.1761 without any particular direction. Possibly, today the pair may expand the range down to 1.1751 and then start another correction towards 1.1846. Later, the market may form a new descending structure with the target at 1...

29.03.2021EURUSD, “Euro vs US Dollar”EURUSD continues consolidating above 1.1761. Possibly, today the pair may expand the range down to 1.1751 and then start another correction towards 1.1846. Later, the market may form a new descending structure with the target at 1.1707.GBPUSD, “Great Britain Poun...

26.03.2021EURUSD, “Euro vs US Dollar”EURUSD continues trading downwards. Possibly, today the pair may fall to reach 1.1752 and then start another growth towards 1.1845. Later, the market may form a new descending structure with the target at 1.1707.GBPUSD, “Great Britain Pound vs US Dollar”After bre...

25.03.2021EURUSD, “Euro vs US Dollar”EURUSD continues trading downwards. Possibly, today the pair may fall to reach 1.1800 and then start a new growth with the target at 1.1877.GBPUSD, “Great Britain Pound vs US Dollar”After completing the descending structure at 1.3700, GBPUSD is forming a new cons...

Weak EUR and sanctions against China Market Watch review. 24.03.2021 In today's release, we’ll cover the following topics: Geopolitical conflict with China.  Slowdown in economic growth in Europe.  Weak pound sterling.  Business activity index block for European countries.  Let's start today's relea...

24.03.2021EURUSD, “Euro vs US Dollar”After breaking 1.1900 and forming a downside continuation pattern there, EURUSD has completed another descending structure at 1.1850; right now, it is consolidating above the latter level. Possibly, the pair may grow to test 1.1900 from below and then resume trad...

23.03.2021EURUSD, “Euro vs US Dollar”After finishing the ascending wave at 1.1946, EURUSD is expected to consolidate below this level. Possibly, the pair may correct towards 1.1922 (at least) and then grow to reach 1.1950. Later, the market may start another correction towards 1.1910 and then resume...

22.03.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1944; right now, it is trading close to the downside border. Possibly, the pair may grow to break 1.1944 and then continue trading upwards with the first target at 1.2020.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is c...

19.03.2021EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.1944 and then breaking it to the downside, EURUSD is still correcting towards 1.1903. Possibly, today the pair may return to 1.1944 and then form a new descending structure to reach 1.1925. After that, the instrume...

18.03.2021EURUSD, “Euro vs US Dollar”EURUSD is forming the fifth ascending wave with the target at 1.2011; right now, it is consolidating around 1.1966. Possibly, the pair may fall to test 1.1944 from above and then grow towards 1.1995. After that, the instrument may correct to return to 1.1933 and ...

17.03.2021EURUSD, “Euro vs US Dollar”After finishing another descending structure at 1.1888, EURUSD has started a new growth to reach 1.1937. After that, the instrument may correct towards 1.1910 and then resume trading upwards with the target at 1.2000.GBPUSD, “Great Britain Pound vs US Dollar”GBPU...

16.03.2021EURUSD, “Euro vs US Dollar”After finishing another descending structure at 1.1911, EURUSD has started a new growth to break 1.1937. After that, the instrument may continue trading upwards with the first target at 1.1963. In fact, the price is expected to form another ascending wave to reac...

15.03.2021EURUSD, “Euro vs US Dollar”After finishing the correction at 1.1910, EURUSD has started another growth towards 1.2000; right now, it is forming a new consolidation range around 1.1960 as an upside continuation pattern. Possibly, the pair may reach 1.2000 and then start a new correction to ...

12.03.2021EURUSD, “Euro vs US Dollar”After finishing the ascending wave at 1.1988, EURUSD is correcting. Possibly, the pair may complete the correction and form one more ascending wave with the first target at 1.2011.GBPUSD, “Great Britain Pound vs US Dollar”After completing the ascending wave at 1....

11.03.2021EURUSD, “Euro vs US Dollar”After finishing the ascending wave at 1.1928, EURUSD is forming a narrow consolidation range around this level. Possibly, the pair may break the range to the upside and form one more ascending wave with the short-term target at 1.1980.GBPUSD, “Great Britain Pound...

10.03.2021EURUSD, “Euro vs US Dollar”After finishing the ascending impulse at 1.1915, EURUSD is expected to correct towards 1.1872. After that, the instrument may start a new ascending wave and reach 1.1928.GBPUSD, “Great Britain Pound vs US Dollar”After completing the ascending impulse at 1.3925, G...

09.03.2021EURUSD, “Euro vs US Dollar”EURUSD is forming a new consolidation range above 1.1840. If later the price breaks this range to the upside, the market may resume trading upwards with the first target at 1.1983.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is consolidating around 1.3830. If...

In February we noted that the dollar index had lost ground against the major currencies, after enjoying a positive month in January, which had been preceded by a year of weakness for the US dollar in 2020. During the last few sessions, the dollar index has shown strength at its important support lev...

08.03.2021EURUSD, “Euro vs US Dollar”EURUSD is still falling. Possibly, today the pair may reach 1.1883 and then start a new growth towards 1.2000, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the market may resume trading upwar...