Technical Analysis of GBP USD

28.09.2022EURUSD, “Euro vs US Dollar”After completing the correctional wave at 0.9670 along with the descending structure towards 0.9595 and then forming a new consolidation range around the latter level, EURUSD has broken it to the downside; right now, it is still falling to reach 0.9525. Later, th...

27.09.2022EURUSD, “Euro vs US Dollar”After completing the descending wave at 0.9550 along with the correction up to 0.9700, EURUSD has formed another descending structure towards 0.9538 with one more correction up to 0.9645. Today, the pair may resume trading downwards with the target at 0.9490.GBPU...

26.09.2022EURUSD, “Euro vs US Dollar”After completing the descending wave at 0.9700 and then forming a new consolidation range around this level, EURUSD has broken it to the downside to finish another descending structure towards 0.9555. Today, the pair may correct to test 0.9700 from below and then...

23.09.2022EURUSD, “Euro vs US Dollar”EURUSD has completed the correction to test 0.9903 from below. Today, the pair may continue trading downwards with the target at 0.9785. After that, the instrument may form one more ascending structure towards 0.9833 and then start a new decline to reach 0.9760.G...

22.09.2022EURUSD, “Euro vs US Dollar”EURUSD has completed the descending wave at 0.9814 along with the correction up to 0.9900. Today, the pair may resume trading downwards with the target at 0.9800, or even extend this structure down to 0.9760.GBPUSD, “Great Britain Pound vs US Dollar”Having finish...

21.09.2022EURUSD, “Euro vs US Dollar”EURUSD is falling towards the downside border of the consolidation range at 0.9945 and may later grow to test 0.9990 from below. After that, the instrument may start a new decline with the target at 0.9890, or even extend this structure down to 0.9800.GBPUSD, “Gr...

20.09.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 0.9992; it has already expanded the range up to 1.0049 and is currently falling to return to 0.9992. If later the price breaks this range to the downside, the market may form a new descending wave to reach 0.9800; if to the up...

19.09.2022EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 0.9992. Today, the pair may expand the range up to 1.0040 and then fall with the target at 0.9920, or even extend this structure down to 0.9800.GBPUSD, “Great Britain Pound vs US Dollar”Having reached the short-term downside t...

16.09.2022EURUSD, “Euro vs US Dollar”After a mighty decline to 0.9955, the pair is consolidating around 0.9988. Today it may drop to the lower border of the range at 0.9955, and with a breakaway of this level downwards, a pathway to 0.9800 will open.GBPUSD, “Great Britain Pound vs US Dollar”The pair...

02.09.2022EURUSD, “Euro vs US Dollar”After completing the descending structure at 0.9910, EURUSD is expected to correct up to 0.9980. Later, the market may resume trading downwards with the target at 0.9888.GBPUSD, “Great Britain Pound vs US Dollar”Having finished the descending wave at 1.1500, GBPU...

01.09.2022EURUSD, “Euro vs US Dollar”As we can see in the daily chart, after completing the descending wave at 1.1200, forming a new consolidation range around this level, and breaking it downwards to reach the short-term target at 0.9955, EURUSD has returned to test 1.0080 from below. Possibly, the...

01.09.2022EURUSD, “Euro vs US Dollar”After completing the ascending structure at 1.0077, EURUSD is being pressured to fall. Possibly, today the pair may reach 0.9983 and then resume growing towards 1.0030, thus forming a new consolidation range around 0.9986. If the price breaks this range to the do...

31.08.2022EURUSD, “Euro vs US Dollar”After completing the descending structure at 0.9982, EURUSD is growing towards 1.0057 and may later fall to return to 0.9982, thus forming a wide consolidation range around the latter level. If the price breaks this range to the downside, the market may resume mo...

30.08.2022EURUSD, “Euro vs US Dollar”After rebounding from 0.9914 and completing a new ascending structure at 1.0000, EURUSD is consolidating below the latter level. Possibly, the pair may expand the range up to 1.0030 and then resume moving downwards the target at 0.9830.GBPUSD, “Great Britain Poun...

29.08.2022EURUSD, “Euro vs US Dollar”After completing the correction at 1.0045, EURUSD is falling; it has already broken 0.9950 and may continue moving towards the target at 0.9800. Later, the market may correct up to 0.9900 and then start another decline to reach 0.9730.GBPUSD, “Great Britain Pound...

26.08.2022EURUSD, “Euro vs US Dollar”Having completed the ascending wave at 1.0025, EURUSD is correcting down to 0.9933 and may later grow to reach 0.9988, thus forming a new consolidation range. If the price breaks this range to the downside, the market may start another decline with the target at ...

25.08.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 0.9909, EURUSD is growing towards 1.0030. After that, the instrument may start another with the target at 0.9950, or even extend this structure down to 0.9807.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the de...

24.08.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 0.9900, EURUSD is consolidating above this level. Possibly, the pair may grow to reach 1.0055 and then resume falling with the target at 0.9800.GBPUSD, “Great Britain Pound vs US Dollar”After finishing the descending wave a...

23.08.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 0.9950, EURUSD is consolidating below this level. Possibly, the pair may break the range to the downside and start another decline with the target at 0.9860. After that the instrument may grow to test 0.9950 from below and ...

22.08.2022EURUSD, “Euro vs US Dollar”Having broken 1.0080, EURUSD continues forming the descending wave towards 0.9980; right now, it is forming the second structure of this wave. Later, the market may grow to return to 1.0080 and test it from below. After that, the instrument may start a new declin...

19.08.2022EURUSD, “Euro vs US Dollar”EURUSD has finished the descending wave at 1.0080; right now, it is consolidating around this level. If later the price breaks the range to the downside, the market may resume falling towards 1.0020; if to the upside – start another correction with the target at ...

18.08.2022EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.0170. Possibly, today the pair may expand the range down to 1.0142 and then correct to reach 1.0222. After that, the instrument may start another decline with the target at 1.0080.GBPUSD, “Great Britain Pound vs US Dollar”After co...

17.08.2022EURUSD, “Euro vs US Dollar”Having expanded the consolidation range down to 1.1022, EURUSD is growing to expand it upwards. Possibly, the pair may reach 1.0222 and then start another decline with the target at 1.0080.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues trading upwards...

16.08.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 1.0160, EURUSD is consolidating there. If later the price breaks the range to the upside, the market may form one more ascending wave to reach 1.0222, and then start another decline with the target at 1.0080; if to the down...

15.08.2022EURUSD, “Euro vs US Dollar”Having completed the descending wave at 1.0240, EURUSD is consolidating there. If later the price breaks the range to the upside, the market may form one more ascending wave towards 1.0306; if to the downside – resume falling with the target at 1.0145, or even ex...

12.08.2022EURUSD, “Euro vs US Dollar”EURUSD is falling to reach 1.0270. After that, the instrument may form one more ascending wave with the target at 1.0355, or even extend this structure up to 1.0400.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading downwards to reach 1.2158. Later, the ...

11.08.2022EURUSD, “Euro vs US Dollar”After breaking the consolidating range to the upside and reaching the short-term target at 1.0366, EURUSD is correcting downwards. Possibly, the pair may test 1.0270 from above and then form one more ascending wave with the target at 1.0404.GBPUSD, “Great Britain...

10.08.2022EURUSD, “Euro vs US Dollar”EURUSD is still falling towards 1.0187. After that, the instrument may grow to reach 1.0215 and then consolidate above 1.0187. If later the price breaks this range to the downside, the market may resume trading downwards with the target at 1.0128, or even extend ...

09.08.2022EURUSD, “Euro vs US Dollar”Having completed the correctional structure at 1.0220, EURUSD is falling to break 1.0122 and may later continue trading downwards with the target at 1.0080.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has finished the correctional structure at 1.2136; right n...

08.08.2022EURUSD, “Euro vs US Dollar”Having broken 1.0186 downwards, EURUSD is expected to continue falling towards 1.0122 and may later start another growth to return to 1.0186. After that, the instrument may resume trading downwards with the target at 1.0120, or even extend this structure down to ...