Tag: GBP/USD technical analysis

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GBP/USD Daily Forecast and Analysis – Action Forex

Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...
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GBP/USD Forecast: Mid-Day Analysis and Outlook

GBP/USD Rebounds, Eyes Resistance at 55 D EMAIn a significant turn of events today, the GBP/USD pair has broken through the crucial 1.2749 resistance level, reigniting the rebound from the recent low of 1.2486....
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GBP/USD Forecast: Weekly Analysis and Predictions for Traders

The GBP/USD pair experienced a decline last week, dropping from 1.3433 to a low of 1.2596. This downward trend is expected to continue this week, with a potential further fall towards the 1.2456 level....
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GBP/USD Forecast: Weekly Analysis and Predictions for Traders

The GBP/USD pair experienced a drop from 1.3433 to 1.2906 last week, but managed to find a temporary low and make a recovery. This week, the initial bias suggests a neutral outlook for consolidations....
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GBP/USD Falls Below 1.30 on Weak Inflation Report

The British pound experienced some movement on Wednesday after a period of stagnation. During the European session, GBP/USD was trading at 1.2992, showing a decrease of 0.62% for the day. This drop caused the...
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GBP/USD Forecast: Potential Recovery Ahead – Action Forex

The GBP/USD pair has recently seen a decline below the 1.3120 support zone, indicating a bearish trend. On the 4-hour chart, a bearish trend line with resistance at 1.3070 is forming. The EUR/USD pair...
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GBP/USD Weekly Forecast: Latest Analysis and Predictions

GBP/USD Weekly Forecast: Latest Analysis and PredictionsThe GBP/USD pair saw its uptrend resume last week with a breakthrough at the key level of 1.3265. This move has set the initial bias firmly on the...
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GBP/USD Weekly Forecast: Latest Analysis and Predictions

GBP/USD Weekly Forecast: Analysis and Predictions for the WeekThe GBP/USD pair experienced a correction from its short-term top at 1.3265, dropping to 1.3000 last week before bouncing back. As we enter a new week,...

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