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GBPUSD - GBP/USD Forecast: Dollar Dips as Growth Worries Weigh
The GBP/USD forecast indicates a pause in the dollar’s relief rally as focus shifts back to the US economic slowdown.
GBP/USD Forecast: Pound Sterling Price Flat Despite Mixed PMI Readings
At the time of writing the GBP/USD was trading at around $1.3281, virtually unchanged from Wednesday’s opening levels. The US Dollar (USD) struggled to catch bids and dipped against several of its ...
GBP/USD Forecast: Pound Sterling could push lower if 1.3250 support fails
The Relative Strength Index (RSI) indicator on the 4-hour chart stays slightly below 50 and GBP/USD continues to trade at around the 50-period Simple Moving Average, reflecting GBP/USD indecisiveness ...
US Dollar Forecast: Pullback as Rate Cut Bets Rise on PMI Data – GBP/USD and EUR/USD
The U.S. dollar dips below $99.70 as weak PMI data and dovish Fed outlook lift rate cut bets, pressuring GBP/USD and EUR/USD trends this week.
GBP/USD Price Forecast: Bullish outlook remains in play above 1.3250
The first upside target for GBP/USD emerges at 1.3424, the high of April 22. Extended gains could see a rally to 1.3475, the upper boundary of the Bollinger Band. The additional upside filter to watch ...