GBP/USD Price Forcast: Hits five-day peak above 1.3200 GBP/USD near 1.3239, with potential to test the YTD high at 1.3266 and March 2022 peaks. Bulls bought the dip at 1.3001, fueling the rally to current levels. Failure at 1.3200 could see a...
GBP/ USD Price Activity The analysis of the GBP/ USD currency pair's price action will be the main topic of our conversation. This week, the pair reversed, and the price began to rise. There's a chance that by next week, the price will continue...
In Monday’s North American trading hours, the price saw a significant reversal, giving up most of its intraday gains against the US Dollar (USD). The pair, which had previously climbed, fell back to near the key support level of 1.3001. This shift...
What Is a Symmetrical Triangle Pattern? As a technical analysis technique for trading, symmetrical triangle patterns may be used to spot future price breakouts and trend changes. This pattern is assembled by two converging trend lines, with one...
Forecast for GBP/USD on September 17, 2024 In terms of technical indicators, Stochastic on the Daily timeframe shows a cross up from level 20, indicating that the price has the potential to continue moving up. This could be an early signal that the...