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GBPUSD - GBP/USD Forecast: Pound Sterling recovers above key technical level

16-12-2024 01:17

GBP/USD rose above 1.2620, where the Fibonacci 23.6% retracement of the latest downtrend is located. However, the Relative Strength Index (RSI) indicator on the 4-hour chart is yet to recover above 50 ...

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GBP/USD forecast ahead of Fed, BoE interest rate decision

The GBP/USD exchange rate continued its strong sell-off after last Friday’s UK GDP data and as traders waited for the upcoming Federal Reserve and Bank of England decisions. The pair retreated to a ...

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Pound Sterling Price News and Forecast: GBP/USD attracts some dip-buyers on Monday

The Pound Sterling (GBP) failed to sustain at three-week highs against the US Dollar (USD), sending GBP/USD back under the 1.2700 threshold. It was a mixed week for GBP/USD traders. In the early part ...

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UBS: Pound Sterling Will Overcome Potential Headwinds, End-2025 GBP/USD Forecast 1.35

UBS analysts link the decline to Sterling liquidations but remains positive on long-term prospects, projecting 1.35 by end-2025.

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Avenix Fzco's FXiBot: Smart Stop-Loss Features to Combat Unpredictable Market Movements

FXiBot's analytical engine combines multiple technical indicators, including RSI, Fractals, Moving Averages, and Momentum indicators, to identify potential trading opportunities.

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