Great Britain Pound US Dollar Forecast

1.4624
0.0023
(0.16%)
08:15:53 (GMT)
 1.4622
 1.4626
 1.4601
 1.4635
 1.4599
GBP/USD Forecast May 2, 2016, Technical Analysis
GBP/USD Forecast May 2, 2016, Technical Analysis
 
The GBP/USD pair went back and forth during the course of the session on Friday, but it still looks as if there is plenty of support below. If we can break above the top of the range for the session on Friday, and looks as if the market will continue to go much higher....
GBP/USD Forecast April 29, 2016, Technical Analysis
GBP/USD Forecast April 29, 2016, Technical Analysis
 
The GBP/USD pair rose during the day on Thursday, as we continue to see a bit of support near the 1.45 handle. Because of this, it looks as if we are trying to continue to grinder way higher, and with that being the case, could very well find yourselves looking for...
GBP/USD Forecast April 28, 2016, Technical Analysis
GBP/USD Forecast April 28, 2016, Technical Analysis
 
The GBP/USD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle. With this, it looks like we are going to test the 1.45 handle for support. This was previous resistance, and with that...
More GBP/USD Daily Technical Analysis
Weekly Technical Outlook: GBP/USD;Market Forecasts for May 1st – May 6th
Weekly Technical Outlook: GBP/USD;Market Forecasts for May 1st – May 6th
Resistance level 1.46671 Pivot Level 1.45715 Support Level 1.43402, 1.42441, and 1.41359 Technical Analysis Daily bias in GBP/USD remains bearish with 1.4667 resistances intact. A deeper decline is expected for the pair as long as resistances...
GBP/USD forecast for the week of May 2, 2016, Technical Analysis
GBP/USD forecast for the week of May 2, 2016, Technical Analysis
 
The GBP/USD pair broke higher during the course of the session on Friday, as we continued the move from the momentum from the previous part of the week, and it looks as if the British pound is trying to break out to the upside for the longer-term move....
GBP/USD forecast for the week of April 25, 2016, Technical Analysis
GBP/USD forecast for the week of April 25, 2016, Technical Analysis
 
The GBP/USD pair broke higher during the course of the week, closing shortly below the 1.45 handle. Breaking above the top of the shooting star is a bullish sign, but having said that, we need to clear that area in order to start buying from a...
More GBP/USD Weekly Technical Analysis

Latest Videos

 
  • GBP/USD Forecast May 2, 2016, Technical Analysis
    GBP/USD Forecast May 2, 2016, Technical Analysis
  • GBP/USD forecast for the week of May 2, 2016, Technical Analysis
    GBP/USD forecast for the week of May 2, 2016, Technical Analysis
  • GBP/USD Forecast April 29, 2016, Technical Analysis
    GBP/USD Forecast April 29, 2016, Technical Analysis
  • GBP/USD Forecast April 28, 2016, Technical Analysis
    GBP/USD Forecast April 28, 2016, Technical Analysis
  • GBP/USD Forecast April 27, 2016, Technical Analysis
    GBP/USD Forecast April 27, 2016, Technical Analysis
  • GBP/USD Forecast April 26, 2016, Technical Analysis
    GBP/USD Forecast April 26, 2016, Technical Analysis
  • GBP/USD Forecast April 25, 2016, Technical Analysis
    GBP/USD Forecast April 25, 2016, Technical Analysis
  • GBP/USD forecast for the week of April 25, 2016, Technical Analysis
    GBP/USD forecast for the week of April 25, 2016, Technical Analysis
  • GBP/USD Forecast April 22, 2016, Technical Analysis
    GBP/USD Forecast April 22, 2016, Technical Analysis
  • GBP/USD Forecast April 21, 2016, Technical Analysis
    GBP/USD Forecast April 21, 2016, Technical Analysis
  • GBP/USD Forecast April 20, 2016, Technical Analysis
    GBP/USD Forecast April 20, 2016, Technical Analysis
  • GBP/USD Forecast April 19, 2016, Technical Analysis
    GBP/USD Forecast April 19, 2016, Technical Analysis
  • GBP/USD Forecast April 18, 2016, Technical Analysis
    GBP/USD Forecast April 18, 2016, Technical Analysis
  • GBP/USD forecast for the week of April 18, 2016, Technical Analysis
    GBP/USD forecast for the week of April 18, 2016, Technical Analysis
  • GBP/USD Forecast April 15, 2016, Technical Analysis
    GBP/USD Forecast April 15, 2016, Technical Analysis
  • GBP/USD Forecast April 14, 2016, Technical Analysis
    GBP/USD Forecast April 14, 2016, Technical Analysis
  • GBP/USD Forecast April 13, 2016, Technical Analysis
    GBP/USD Forecast April 13, 2016, Technical Analysis
  • GBP/USD Forecast April 12, 2016, Technical Analysis
    GBP/USD Forecast April 12, 2016, Technical Analysis
  • GBP/USD Forecast April 11, 2016, Technical Analysis
    GBP/USD Forecast April 11, 2016, Technical Analysis
  • GBP/USD forecast for the week of April 11, 2016, Technical Analysis
    GBP/USD forecast for the week of April 11, 2016, Technical Analysis
  • GBP/USD Forecast April 8, 2016, Technical Analysis
    GBP/USD Forecast April 8, 2016, Technical Analysis
  • GBP/USD Forecast April 7, 2016, Technical Analysis
    GBP/USD Forecast April 7, 2016, Technical Analysis
  • GBP/USD Forecast April 6, 2016, Technical Analysis
    GBP/USD Forecast April 6, 2016, Technical Analysis
  • GBP/USD Forecast April 5, 2016, Technical Analysis
    GBP/USD Forecast April 5, 2016, Technical Analysis
  • GBP/USD Forecast April 4, 2016, Technical Analysis
    GBP/USD Forecast April 4, 2016, Technical Analysis
  • GBP/USD forecast for the week of April 4, 2016, Technical Analysis
    GBP/USD forecast for the week of April 4, 2016, Technical Analysis
  • GBP/USD Forecast April 1, 2016, Technical Analysis
    GBP/USD Forecast April 1, 2016, Technical Analysis
  • GBP/USD Forecast March 31, 2016, Technical Analysis
    GBP/USD Forecast March 31, 2016, Technical Analysis
  • GBP/USD Forecast March 30, 2016, Technical Analysis
    GBP/USD Forecast March 30, 2016, Technical Analysis
  • GBP/USD Forecast March 29, 2016, Technical Analysis
    GBP/USD Forecast March 29, 2016, Technical Analysis
  • GBP/USD Forecast March 28, 2016, Technical Analysis
    GBP/USD Forecast March 28, 2016, Technical Analysis
  • GBP/USD forecast for the week of March 28, 2016, Technical Analysis
    GBP/USD forecast for the week of March 28, 2016, Technical Analysis
  • GBP/USD Forecast March 25, 2016, Technical Analysis
    GBP/USD Forecast March 25, 2016, Technical Analysis
  • GBP/USD Forecast March 24, 2016, Technical Analysis
    GBP/USD Forecast March 24, 2016, Technical Analysis
  • GBP/USD Forecast March 23, 2016, Technical Analysis
    GBP/USD Forecast March 23, 2016, Technical Analysis
  • GBP/USD Forecast March 22, 2016, Technical Analysis
    GBP/USD Forecast March 22, 2016, Technical Analysis
  • GBP/USD forecast for the week of March 21, 2016, Technical Analysis
    GBP/USD forecast for the week of March 21, 2016, Technical Analysis
  • GBP/USD Forecast March 21, 2016, Technical Analysis
    GBP/USD Forecast March 21, 2016, Technical Analysis
  • GBP/USD Forecast March 18, 2016, Technical Analysis
    GBP/USD Forecast March 18, 2016, Technical Analysis
  • GBP/USD Forecast March 17, 2016, Technical Analysis
    GBP/USD Forecast March 17, 2016, Technical Analysis
  • GBP/USD Forecast March 16, 2016, Technical Analysis
    GBP/USD Forecast March 16, 2016, Technical Analysis
  • GBP/USD Forecast March 15, 2016, Technical Analysis
    GBP/USD Forecast March 15, 2016, Technical Analysis
  • GBP/USD forecast for the week of March 14, 2016, Technical Analysis
    GBP/USD forecast for the week of March 14, 2016, Technical Analysis
  • GBP/USD Forecast March 14, 2016, Technical Analysis
    GBP/USD Forecast March 14, 2016, Technical Analysis
  • GBP/USD Forecast March 11, 2016, Technical Analysis
    GBP/USD Forecast March 11, 2016, Technical Analysis
  • GBP/USD Forecast March 10, 2016, Technical Analysis
    GBP/USD Forecast March 10, 2016, Technical Analysis
  • GBP/USD Forecast March 9, 2016, Technical Analysis
    GBP/USD Forecast March 9, 2016, Technical Analysis
  • GBP/USD Forecast March 8, 2016, Technical Analysis
    GBP/USD Forecast March 8, 2016, Technical Analysis
  • GBP/USD forecast for the week of March 7, 2016, Technical Analysis
    GBP/USD forecast for the week of March 7, 2016, Technical Analysis
  • GBP/USD Forecast March 7, 2016, Technical Analysis
    GBP/USD Forecast March 7, 2016, Technical Analysis
  • GBP/USD Forecast March 4, 2016, Technical Analysis
    GBP/USD Forecast March 4, 2016, Technical Analysis
  • GBP/USD Forecast March 3, 2016, Technical Analysis
    GBP/USD Forecast March 3, 2016, Technical Analysis
  • GBP/USD Forecast March 2, 2016, Technical Analysis
    GBP/USD Forecast March 2, 2016, Technical Analysis
  • GBP/USD Forecast March 1, 2016, Technical Analysis
    GBP/USD Forecast March 1, 2016, Technical Analysis
  • GBP/USD forecast for the week of January 25, 2016, Technical Analysis
    GBP/USD forecast for the week of January 25, 2016, Technical Analysis
  • GBP/USD Forecast January 25, 2016, Technical Analysis
    GBP/USD Forecast January 25, 2016, Technical Analysis
  • GBP/USD Forecast January 22, 2016, Technical Analysis
    GBP/USD Forecast January 22, 2016, Technical Analysis
  • GBP/USD Forecast January 21, 2016, Technical Analysis
    GBP/USD Forecast January 21, 2016, Technical Analysis
  • GBP/USD Forecast January 20, 2016, Technical Analysis
    GBP/USD Forecast January 20, 2016, Technical Analysis
  • GBP/USD Forecast January 19, 2016, Technical Analysis
    GBP/USD Forecast January 19, 2016, Technical Analysis
  • GBP/USD forecast for the week of January 18, 2016, Technical Analysis
    GBP/USD forecast for the week of January 18, 2016, Technical Analysis
  • GBP/USD Forecast January 18, 2016, Technical Analysis
    GBP/USD Forecast January 18, 2016, Technical Analysis
  • GBP/USD Forecast January 15, 2016, Technical Analysis
    GBP/USD Forecast January 15, 2016, Technical Analysis
  • GBP/USD Forecast January 14, 2016, Technical Analysis
    GBP/USD Forecast January 14, 2016, Technical Analysis
  • GBP/USD Forecast January 13, 2016, Technical Analysis
    GBP/USD Forecast January 13, 2016, Technical Analysis
  • GBP/USD Forecast January 12, 2016, Technical Analysis
    GBP/USD Forecast January 12, 2016, Technical Analysis
  • GBP/USD forecast for the week of January 11, 2016, Technical Analysis
    GBP/USD forecast for the week of January 11, 2016, Technical Analysis
  • GBP/USD Forecast January 11, 2016, Technical Analysis
    GBP/USD Forecast January 11, 2016, Technical Analysis
  • GBP/USD Forecast January 8, 2016, Technical Analysis
    GBP/USD Forecast January 8, 2016, Technical Analysis
  • GBP/USD Forecast January 7, 2016, Technical Analysis
    GBP/USD Forecast January 7, 2016, Technical Analysis
  • GBP/USD Forecast January 6, 2016, Technical Analysis
    GBP/USD Forecast January 6, 2016, Technical Analysis
  • GBP/USD Forecast January 5, 2015, Technical Analysis
    GBP/USD Forecast January 5, 2015, Technical Analysis
  • GBP/USD forecast for the week of January 4, 2016, Technical Analysis
    GBP/USD forecast for the week of January 4, 2016, Technical Analysis
  • GBP/USD Forecast January 4, 2016, Technical Analysis
    GBP/USD Forecast January 4, 2016, Technical Analysis
  • GBP/USD Forecast December 31, 2015, Technical Analysis
    GBP/USD Forecast December 31, 2015, Technical Analysis
  • GBP/USD Technical Analysis December 30, 2015, Technical Analysis
    GBP/USD Technical Analysis December 30, 2015, Technical Analysis
  • GBP/USD Forecast December 29, 2015, Technical Analysis
    GBP/USD Forecast December 29, 2015, Technical Analysis
  • GBP/USD forecast for the week of December 28, 2015, Technical Analysis
    GBP/USD forecast for the week of December 28, 2015, Technical Analysis
  • GBP/USD Forecast December 28, 2015, Technical Analysis
    GBP/USD Forecast December 28, 2015, Technical Analysis
  • GBP/USD Forecast December 24, 2015, Technical Analysis
    GBP/USD Forecast December 24, 2015, Technical Analysis
  • GBP/USD Forecast December 23, 2015, Technical Analysis
    GBP/USD Forecast December 23, 2015, Technical Analysis
  • GBP/USD Forecast December 22, 2015, Technical Analysis
    GBP/USD Forecast December 22, 2015, Technical Analysis
  • GBP/USD forecast for the week of December 21, 2015, Technical Analysis
    GBP/USD forecast for the week of December 21, 2015, Technical Analysis
  • GBP/USD Forecast December 21, 2015, Technical Analysis
    GBP/USD Forecast December 21, 2015, Technical Analysis
  • GBP/USD Forecast December 18, 2015, Technical Analysis
    GBP/USD Forecast December 18, 2015, Technical Analysis
  • GBP/USD Forecast December 17, 2015, Technical Analysis
    GBP/USD Forecast December 17, 2015, Technical Analysis
  • GBP/USD Forecast December 16, 2015, Technical Analysis
    GBP/USD Forecast December 16, 2015, Technical Analysis
  • GBP/USD Forecast December 15, 2015, Technical Analysis
    GBP/USD Forecast December 15, 2015, Technical Analysis
  • GBP/ USD forecast for the week of December 14, 2015, Technical Analysis
    GBP/ USD forecast for the week of December 14, 2015, Technical Analysis
  • GBP/USD Forecast December 14, 2015, Technical Analysis
    GBP/USD Forecast December 14, 2015, Technical Analysis
  • GBP/USD Forecast December 11, 2015, Technical Analysis
    GBP/USD Forecast December 11, 2015, Technical Analysis
  • GBP/USD Forecast December 10, 2015, Technical Analysis
    GBP/USD Forecast December 10, 2015, Technical Analysis
  • GBP/USD Forecast December 9, 2015, Technical Analysis
    GBP/USD Forecast December 9, 2015, Technical Analysis
  • GBP/USD Forecast December 8, 2015, Technical Analysis
    GBP/USD Forecast December 8, 2015, Technical Analysis
  • GBP/USD forecast for the week of December 7, 2015, Technical Analysis
    GBP/USD forecast for the week of December 7, 2015, Technical Analysis
  • GBP/USD Forecast December 7, 2015, Technical Analysis
    GBP/USD Forecast December 7, 2015, Technical Analysis
  • GBP/USD Forecast December 4, 2015, Technical Analysis
    GBP/USD Forecast December 4, 2015, Technical Analysis
  • GBP/USD Forecast December 3, 2015, Technical Analysis
    GBP/USD Forecast December 3, 2015, Technical Analysis
  • GBP/USD Forecast December 2, 2015, Technical Analysis
    GBP/USD Forecast December 2, 2015, Technical Analysis
  • GBP/USD Forecast December 1, 2015, Technical Analysis
    GBP/USD Forecast December 1, 2015, Technical Analysis
 
GBP/USD Fundamental Forecast – May 2, 2016
GBP/USD Fundamental Forecast – May 2, 2016
The GBP/USD dipped 24 points falling even though the US dollar continued to weaken. Today focus was on an address by BoE member Cunliffe who continued to point out the economic stress and problems that would be caused by Brexit. The pound also gave back gains as traders sold...
GBP/USD Fundamental Forecast – April 29, 2016
GBP/USD Fundamental Forecast – April 29, 2016
The GBP/USD gained 56 point to 1.4599 as the dollar weakened after the FOMC statement gave no indications of future Fed moves. Sterling has risen to its highest level against the dollar since the start of the EU referendum campaign, as polls show support for the Remain...
GBP/USD Fundamental Forecast – April 28 2016
GBP/USD Fundamental Forecast – April 28 2016
The GBP/USD traded in a narrow range, but still managed to finish higher at 1.4596, up 0.0016 or +0.11%, after the release of the latest UK GDP data and ahead of the release of the U.S. Federal Reserve monetary policy statement and interest rate decision. Britain’s economy...
More GBP/USD Daily Forecasts
GBP/USD Weekly Fundamental Analysis – May 2-6, 2016 - Forecast
GBP/USD Weekly Fundamental Analysis – May 2-6, 2016 - Forecast
The GBP/USD ended the week on a strong note at 1.4603 gaining 1.39% for the week supported by a weak US dollar and polls showing that the IN vote was gaining more and more momentum ahead of the June 23rd referendum. UK GDP was in line with forecasts,...
GBP/USD Weekly Fundamental Analysis, April 25 – April 29, 2016 -Forecast
GBP/USD Weekly Fundamental Analysis, April 25 – April 29, 2016 -Forecast
Last week, the GBP/USD closed higher at 1.4388, up 0.01912 or +1.35%, but the Forex pair remained inside its February range of 1.4667 to 1.3835, and near a key technical retracement level of this range at 1.4349 for the fourth straight week. The...
GBP/USD Weekly Fundamental Analysis – April 18-22, 2016 -Forecast
GBP/USD Weekly Fundamental Analysis – April 18-22, 2016 -Forecast
The GBP/USD closed out the week at 1.4207 after the BoE remained on hold and gave no indication of any future changes as Brexit possibilities weigh heavily on the currency.  The Bank of England has warned the EU referendum could hurt growth in the...
More GBP/USD Weekly Forecasts
GBP/USD Monthly Fundamental Forecast – May 2016
GBP/USD Monthly Fundamental Forecast – May 2016
The GBP/USD made a spectacular recovery this month to close at 1.46030 seeing a gain of 1.68% for the month. Disappointing data was offset by a surprise change in polls showing the IN vote with a significant lead lowering Brexit scares.  The Leave campaign has narrowly...
GBP/USD Monthly Fundamental Forecast – April 2016
GBP/USD Monthly Fundamental Forecast – April 2016
The GBP/USD had a rocky month falling to multi year lows before recovering to end at 1.4392 witnessing a gain of 3.18% on weakness in the US dollar. GDP for Q4 printed higher than expected but Brexit fears hit a frenzy this month.  As ‘Brexit’ worries are expected to...
GBP/USD Monthly Fundamental Forecast - March 2016
GBP/USD Monthly Fundamental Forecast - March 2016
Outlook and Recommendation The GBP/USD took a big header as David Cameron announced a deal with the EU and called for the June 23rd reference. GBP dropped to 1.3834, a 7-year low amid rising concerns about Brexit, as the latest polls showed 52% voters supporting...
More GBP/USD Monthly Forecasts
Weekly Technical Outlook: GBP/USD;Market Forecasts for May 1st – May 6th
Resistance level 1.46671 Pivot Level 1.45715 Support Level 1.43402, 1.42441, and 1.41359 Technical Analysis Daily bias in GBP/USD remains bearish with 1.4667 resistances intact. A deeper decline is expected for the pair as long as resistances holds the area. The price action stays below resistances so far at this point and such a decline is viewed as a correction. Thus, we’d expect resistance to hold the area and the pair remains bearish with a break of 1.4551 indicating a near term bearish reversal to take
GBP/USD Monthly Technical Analysis for May 2016
The GBP/USD closed higher in April at 1.4605, up 0.0246 or +1.71%. Traders said that the easing of concerns about a U.K. exit from the European Union helped bolster prices. A recent poll published in the Financial Times showed that 43% of respondents would vote for remaining in the European Union, 41% would vote for leaving the EU, and 16% were undecided. The poll suggests that the percentage of citizens who want to remain in the European Union (HEDJ) is a little higher than those who want to leave the EU.
U.S. Dollar Punished by Central Bank Decisions
The U.S. Dollar and the Japanese Yen were the featured currency markets last week as both were influenced by major interest rate and monetary policy decisions. June US Dollar Index futures, which represents the value of the U.S Dollar relative to a basket of foreign currencies, finished the week at 93.054, down 2.026 or -2.13%. The loss was attributed to weak economic news, and the mixed U.S. Federal Reserve and Bank of Japan monetary policy decisions. The selling started early in the week with the release
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