The FX pair closes slightly higher than the previous week, continuing the bullish trend. Economic Calendar GBP/USD hourly chart analysis The short-term price trading range provides a window of opportunity for a potential upside move towards 1.34400, should bullish momentum materialize. This scenario is supported by key technical factors, such as the prevailing trend and price action holding above important support levels.
The GBP/USD currency pair saw a price increase in the shortened trading week, closing above 1.32000. Economic Calendar Volatility may persist from the previous week, with upcoming retail sales data potentially adding further movement to the pair. GBP/USD hourly chart analysis Near-term volatility could create a trading range of 1.33000 to 1.34400, offering potential trading opportunities. Hourly Chart GBP/USD daily candle chart analysis Long-term bullishness
GBP/USD experienced significant bullishness comparing to previous week activity, closing above 1.3000. Economic Calendar Continiuing previous weeks trend, elevated levels of volatility may occur, considering that both UK and U.S. will be presenting economic data that may have significance in the FX valuation. GBP/USD hourly chart analysis Near term may bring bullishness due to recent reversal, possibly moving towards 1.27000. However
GBP/USD saw raised elevated levels of volatility, however closing slightly below previous weeks price. Economic Calendar Elevated levels of volatility may occur this week, considering that both UK and U.S. will be presenting economic data that may have significance in the FX valuation. GBP/USD hourly chart analysis Near term may bring bullishness due to recent reversal, possibly moving towards 1.27000. However weaker
GBP/USD saw slight levels of volatility closing above 1.29400. Economic Calendar High levels of volatility should be expected as U.K. and U.S report important economical data that could impact FX currency pair. Manufacturing PMI's numbers may create directional effect on the FX pair. GBP/USD hourly chart analysis Sideways trading may be a trend in the short term. Trading range zone could be
GBP/USD saw a slight decrease of the FX rate, still trading above 1.29000. Economic Calendar High levels of volatility should be expected as U.K. and U.S report important economical data that could impact FX currency pair. Retail sales and gross domestic product numbers may create directional effect on the FX pair. GBP/USD hourly chart analysis Continuing previous week, sideways activity may persist in
Slight bullishness continued in the GBP/USD closing the previous week above 1.29300. Economic Calendar High levels of volatility should be expected as U.K. and U.S report important economical data that could impact FX currency pair. GBP/USD hourly chart analysis Sideways activity may persist in the short term trading within range from 1.28600 to 1.30000. Market participants may be awaiting key economic data or
GBP/USD moved higher towards 1.28500, implicating that bullish trend reversal may occur. Economic Calendar The FX pair could see higher levels of volatility, as both the U.K. and the U.S. are set to vital economical data that could impact the currency pair. GBP/USD hourly chart analysis The 1.29450 price resistance level may be tested, potentially pushing the price towards 1.31000 if the 1.29450
GBP/USD saw slight consolidation last week, moving above 1.26000. Economic Calendar The FX pair could see higher levels of volatility, as both the U.K. and the U.S. are set to release Manufacturing PMI numbers. GBP/USD hourly chart analysis In the near term, the 1.27500 price level could be tested if bullish momentum persists in the FX pair. If no bullish momentum occurs, price
GBP/USD saw a slight increase, continuing its bullish trend, reaching 1.26300 levels. Economic Calendar Moderate volatility should be expected due to multiple data releases from the United States this week. GBP/USD hourly chart analysis The key resistance at 1.26890 should be considered important for further bullish momentum in the short term. If no significant bullish movement occurs, the support levels of 1.26000 and
GBP/USD saw a slight recovery from the 1.2200 price level, moving closer to 1.2700. Economic Calendar Elevated levels of volatility should be anticipated, considering the economic data related to Britain's retail sales and U.S. jobless claims will be published. GBP/USD hourly chart analysis The FX pair is currently trading around the 1.2600 price level, with a move towards 1.2700 having a high probability.
GBP/USD saw overall bearishness last week, with selling pressure dominating due to weaker economic data and market sentiment. Economic Calendar Higher volatility should be expected with the upcoming CPI data from the United States and GDP numbers from Great Britain. GBP/USD hourly chart analysis A slight bearish move from the 1.25080 price level towards 1.23000 has occurred on the shorter time frame. The
GBP/USD FX pair has been impacted by the dollar repricing during the weekend. Economic Calendar This week may see higher levels of volatility as both the UK and the US will release significant macroeconomic data that could impact the currency. GBP/USD hourly chart analysis The repricing of the dollar has led to a decline in the value of the currency pair, pushing it
GBP/USD pair has seen increasingly higher price levels, moving past 1.2400 and recovering 1.2100 price levels. Economic Calendar Elevated levels of volatility should be expected when considering the fundamental news coming out of the United States. GBP/USD hourly chart analysis In the short term, a move towards 1.27050 can be considered plausible if the bullish momentum continues. If no significant bearishness occurs, 1.27050
GBP/USD has seen significantly lower price levels since October 2024. Weakness in the GBP and strength in the USD have pushed the euro towards the 1.20000 price level. Economic Calendar Higher-than-expected levels of volatility should be anticipated, considering the fundamental news coming out of the UK. Friday could bring the highest levels of volatility when Manufacturing PMI data are released. GBP/USD hourly chart
GBP/USD saw significant downside pressure, driven by the increasing strength of the US dollar, suggesting further downside momentum. Additional critical fundamental events may amplify this momentum in the FX pair. Economic Calendar Higher than expected levels of volatility could be expected this week for GBP/USD, as this week is filled economical data releases from the United States. GBP/USD hourly chart analysis If the
GBP/USD has seen a slight recovery from 1.23680 to 1.24700, with room to continue further price discovery to the upside. Economic Calendar Elevated levels of volatility could be expected this week for GBP/USD, as this week is filled economical data releases from the United States. GBP/USD hourly chart analysis The FX pair has seen a recovery towards 1.25080 and is looking for forward
Holidays have brought calmness to the currency markets, and GBP/USD was no exception. No significant price moves occurred during the previous week. Economic Calendar Moderate levels of volatility could be expected this week for GBP/USD, as both the UK and the United States are releasing Manufacturing PMI data. GBP/USD hourly chart analysis The currency pair has been trading within a range from 1.25080
The Federal Reserve's decision to cut interest rates on its native currency has had a significant impact on GBP/USD. The rate decreased from the 1.27000 price level to 1.25000 before recovering above 1.25500. Economic Calendar No significant volatility is expected this week, considering the low number of macroeconomic data coming out of both the UK and the United States. GBP/USD hourly chart analysis
Previous week saw resistance of 1.27700 having significant influence on the further price move, creating price pressure to the downside, lowering currency pair price towards 1.26200 price level. Economic Calendar This week should see a significant increase in volatility, as domestic data will be released regarding retail sales, the unemployment rate, CPI, and the BoE interest rate decision on the 19th of
Although the previous week saw some volatility in the GBP/USD currency pair, it helped the pair gain momentum and steadily rise above the 1.27000 level. Further confirmation of the overall trend should occur in the upcoming weeks, provided there are no sudden global changes. Economic Calendar This week, the Office for National Statistics in the UK will report month-on-month changes in the
The decline of the Pound against the US Dollar has continued. However, on Friday, the rate appeared to have found support in the 1.2600 mark, namely the 1.2600/1.2620 range. Economic Calendar br> The week will be calm. There are no events that could impact the rate up to Friday. On Friday, the publication of the Manufacturing and Services sector Purchasing Managers Indices could
The US elections caused a drop of the GBP/USD to the support range near 1.2840. Surprisingly, the range held and forced the pair into another test of the resistance of the 1.3000 mark. However, the 1.3000 held and by this week the pair was back at 1.2840/1.2855. Economic Calendar This week, markets will watch the publication of the US Consumer Price Index
Prior to the US Presidential Elections, the GBP/USD plummeted due to US jobs and inflation data and revealed that it is finding support at 1.2845/1.2855. The support was enough to force the rate to return to the 1.3000 mark. Economic Calendar The US Presidential Election and the Congressional elections takes place on Tuesday. These events will guide the financial markets. On Thursday, at12:00