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Forex Brokers > Forex Analysis > Daily Forex Forecast > GBP/USD Forecast

Forecasts of GBP/USD

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RoboForex
Forex Technical Analysis & Forecast 18.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 18.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has reached the target level and formed the structure of the Expanding Triangle pattern. Possibly, today the price may be corrected to the upside to reach 1.1765 or even extend this structure towards the upside border of the range, which may be considered...
RoboForex
18.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 17.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 17.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has completed the ascending correctional structure of the previous five-wave descending structure. Possibly, today the price may consolidate at the lows and reach 1.1791. After that, the instrument may form fall towards 1.1731, break it downwards, and the...
RoboForex
17.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Market Commentary Wednesday 16 August 2017
Market Commentary Wednesday 16 August 2017
Wednesday 16 August 2017 EUR/USD Dollar gains extended on Tuesday, as easing geopolitical tensions coupled with better-than-expected US data. The EUR/USD pair extended its monthly decline down to 1.1686, early US session, with the following bounce well contained and with the pair ending the day arou...
HYCM
16.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Forex Technical Analysis & Forecast 16.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 16.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has completed another descending wave inside the third one and right now is being corrected. Possibly, the price may grow towards 1.1785 and then continue forming the third wave to reach 1.1666. And this is just a half of this structure. After that, the i...
RoboForex
16.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 15.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 15.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair is still consolidating below 1.1795. We think, today the price may fall to reach 1.1750 and then grow to return to 1.1795. After that, the instrument may resume moving downwards with the target at 1.1666. GBP USD, “Great Britain Pound vs US Dollar”The GBP...
RoboForex
15.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
EUR/USD Bearish Continuation
EUR/USD Bearish Continuation
The EUR/USD seems prepared for one more leg down to test the 1.16 support zone before continuing with the uptrend.The arguments in favour of a larger bearish correction include:The EUR/USD completed 5 bearish wavesPrice showed divergence between the topsPrice is moving with the trend in a corrective...
Admiral Markets
14.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Market Commentary Monday 14 August 2017
Market Commentary Monday 14 August 2017
Monday 14 August 2017 EUR/USD After a soft start to the week, the EUR/USD pair ended it up at 1.1820, a fifth consecutive weekly gain as soft US inflation coupled with arising political jitters. On Friday, official data showed that US CPI rose a seasonally adjusted 0.1% in July, and by 1.7% when com...
HYCM
14.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Forex Technical Analysis & Forecast 14.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 14.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has almost reached the target of the correctional wave; right now, it is falling. Possibly, the price may form the wave towards 1.1756, which may be considered as the first wave inside the third one. After that, the instrument may form another consolidati...
RoboForex
14.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Market Commentary Friday 11 August 2017
Market Commentary Friday 11 August 2017
Friday 11 August 2017 EUR/USD The EUR/USD pair turned higher and closed the day with modest gains around 1.1780, as US PPI data provided a reality check on where US inflation and therefore the Fed stand these days. US July headline PPI came in below expected, falling 0.1% monthly basis, and up by 1....
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Wednesday 9 August 2017
Market Commentary Wednesday 9 August 2017
Wednesday 9 August 2017 EUR/USD After a dull start to the day, the greenback gather upward momentum against all of its major rivals after Wall Street's opening, with EUR/USD's decline extending down to 1.1714 before bouncing to settle around 1.1760. The US released some minor macroeconomic figures, ...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Tuesday 8 August 2017
Market Commentary Tuesday 8 August 2017
Tuesday 8 August 2017 EUR/USD The EUR/USD pair ended Monday pretty much unchanged daily basis, barely a couple of pips above its Friday's close. The common currency saw some limited demand at the beginning of the day, raising up to 1.1807, although unable to extend gains beyond the level as local da...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Monday 7 August 2017
Market Commentary Monday 7 August 2017
Monday 7 August 2017 EUR/USD The American dollar saw a dramatic change of course on Friday, following the release of the US Nonfarm Payroll report, resulting in the EUR/USD pair trimming all of its weekly gains to end it flat around 1.1773. According to official figures, the US added 209,000 new job...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Friday 4 August 2017
Market Commentary Friday 4 August 2017
Friday 4 August 2017 EUR/USD The EUR/USD pair recovered from a daily low of 1.1830 and settled at 1.1871, shrugging off early soft European data, and as investors still prefer to sell the greenback. Released at the beginning of the day, the EU final Markit July Services and Composite PMIs resulted b...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Thursday 3 August 2017
Market Commentary Thursday 3 August 2017
Thursday 3 August 2017 EUR/USD The EUR/USD settled at a fresh 2017 high right below the 1.1900 level and after posting 1.1909, as soft US data coupled with dovish comments from Fed's members. Trading was choppy across the board during the first half of the day, but the dollar had no chances, particu...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Wednesday 2 August 2017
Market Commentary Wednesday 2 August 2017
Wednesday 2 August 2017 EUR/USD The EUR/USD pair settled lower this Tuesday, but not far below a fresh 2017 high of 1.1845, on a pretty busy macroeconomic day. Data coming from both economies was mixed, with some ups and some downs, nothing however, defining. In the EU, preliminary Q2 GDP came as ex...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Tuesday 1 August 2017
Market Commentary Tuesday 1 August 2017
Tuesday 1 August 2017 EUR/USD What started as a dull Monday, ended up with the EUR/USD pair reaching a fresh 2017 high of 1.1831, level last seen early January 2015, as mixed US data was not enough to revert the prevailing negative sentiment towards the American currency. The greenback advanced mode...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Monday 31 July 2017
Market Commentary Monday 31 July 2017
Monday 31 July 2017 EUR/USD The EUR/USD pair closed the week at 1.1748, its highest settlement since January 2015, on fresh signs of decreasing inflationary pressures in the US. On Friday, the country released its advanced Q2 GDP figures, which showed that the economy expanded at a healthy annual ra...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Friday 28 July 2017
Market Commentary Friday 28 July 2017
Friday 28 July 2017 EUR/USD The greenback edged higher across the board, having reverted most of its post-Fed losses, with the Japanese yen being an exception to the rule. The EUR/USD pair settled at 1.1660, after trading as high as 1.1776 earlier on the day, the highest since January 2015. The corr...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Thursday 27 July 2017
Market Commentary Thursday 27 July 2017
Thursday 27 July 2017 EUR/USD The EUR/USD pair traded uneventfully around the 1.1640 level, and after falling down to 1.1612, its lowest for the week, but resumed its advance breaking higher and settling at its highest since January 2015, in the 1.1730 region, following the US Federal Reserve moneta...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Tuesday 25 July 2017
Market Commentary Tuesday 25 July 2017
Tuesday 25 July 2017 Caution prevailed among FX investors at the beginning of the week, with the greenback ending the day marginally higher against most of its major rivals. The EUR/USD pair anyway, remained near a recent two-year high of 1.1683, as worse-than-expected US housing data interrupted do...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Monday 24 July 2017
Market Commentary Monday 24 July 2017
Monday 24 July 2017 EUR/USD The EUR/USD pair settled at its highest since August 2015 at 1.1638, up for a second consecutive week. The bullish breakout came on Thursday, following the ECB monetary policy meeting. President Draghi did his best to talk down the Euro, but the market did not believe him...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Thursday 20 July 2017
Market Commentary Thursday 20 July 2017
Thursday 20 July 2017 EUR/USD The American dollar edged higher only against the common currency this Wednesday, as speculative interest chose to lock gains ahead of the ECB's monetary policy meeting taking place this Thursday. Volumes were low, with most of the decline taking place during the first ...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
Market Commentary Wednesday 19 July 2017
Market Commentary Wednesday 19 July 2017
Wednesday 19 July 2017 EUR/USD The American dollar suffered from a major political setback late Monday that sent it nose-diving against all of its major rivals on Tuesday. The EUR/USD pair rallied up to 1.1582, the highest since May 2016, pulling back modestly ahead of the close, but settling anyway...
HYCM
11.08.2017
0
Forex Market Overview
Daily Forex Forecasts
GBP/USD Consolidating But Pay Attention To POC Zone
GBP/USD Consolidating But Pay Attention To POC Zone
The GBP/USD is consolidating within the rectangle pattern. The consolidation is due to the US CPI data at 12:30 GMT. Traders need to pay attention to 1.2992 the X-cross of a trend line and D H3 camarilla pivot. Move above the trend line could possible spike the GBP/USD to POC zone 1.3040-60 (D H5,.....
Admiral Markets
11.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 11.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 11.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair is growing towards 1.1792. After that, the instrument may fall with the target at 1.1749 and then grow to reach 1.1810 to finish the correction. Later, in our opinion, the market may start forming another descending wave towards 1.1697. GBP USD, “Great Br...
RoboForex
11.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 10.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 10.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has reached the target of the first descending wave; it has corrected the fifth descending structure by the ascending impulse and right now is being corrected again. We think, today the price may fall towards 1.1715 and then fall grow to reach 1.1756, thu...
RoboForex
10.08.2017
1
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 09.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 09.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair is forming another descending structure. We think, today the price may form the consolidation range at the lows and break it downwards to reach 1.1709. After that, the instrument may be corrected towards 1.1818. If the market rebounds from 1.1763 and reac...
RoboForex
09.08.2017
1
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 08.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 08.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has formed the consolidation range in the form of the Triangle pattern, broken it upwards, and completed the correction at 1.1820. Possibly, the price may grow to reach 1.1832 and then move downwards with the target at 1.1700. GBP USD, “Great Britain Poun...
RoboForex
08.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
USD Reversal?
USD Reversal?
The EUR/USD uptrend saw strong bearish momentum appear after the NFP event. The bearish reversal could continue if price stays belows 1.1825. The same is true for USD/JPY that is ready to bounce at 110.50 for a bullish bounce towards 111.60 and the GBP/USD for a bearish bounce at 1.31. Source: htt....
Admiral Markets
07.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
Forex Technical Analysis & Forecast 07.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
Forex Technical Analysis & Forecast 07.08.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)
EUR USD, “Euro vs US Dollar”The EUR/USD pair has moved downwards and reached the predicted target of the descending wave. We think, today the price may be corrected towards 1.1830. However, the instrument may continue falling inside the downtrend and reach 1.1697 and form the first half of the wave....
RoboForex
07.08.2017
0
Forex Technical Analysis
Daily Forex Forecasts
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