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GBPUSD overview 26.07.2021

Sterling rises as infections slow down. GBPUSD under the bullish pressure today on widespread sterling optimism as the markets are focusing now on the fact that data showed new COVID-19 cases in Britain had fallen for five consecutive days for the first time since February. This reinforced the relative advantage of the sterling against the […]

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Analysis Technical analysis

GBPUSD 26.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.35604-1.35432 and it has a potential to reach the target zone №2 1.33884-1.33712. The best prices to try to have a short position are the control resistance zone 1.37610-1.37438. In case of the price is fixed upper the control […]

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Analysis Market overview

GBPUSD overview 20.07.2021

Sterling falls on surging virus cases. Sterling under the bearish pressure today amid widespread sterling pessimism and safe-haven dollar inflows. The demand for safe-haven dollar exploded recently amid a global surge in coronavirus. The global rise in Covid-19 infections sparked concern among investors at the start of the week, forcing a sell-off in stock markets […]

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Analysis Technical analysis

GBPUSD 16.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.37324-1.39025 and it has a potential to reach the target zone №2 1.35604-1.35432. The best prices to try to have a short position are the control resistance zone 1.39197-1.39584. In case of the price is fixed upper the control […]

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Analysis Technical analysis

GBPUSD 09.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.37324-1.39025 and it has a potential to reach the target zone №2 1.35604-1.35432. The best prices to try to have a short position are the control resistance zone 1.39197-1.39584. In case of the price is fixed upper the control […]

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Analysis Technical analysis

GBPUSD 01.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.39044-1.38872 and it has a potential to reach the target zone №2 1.37324-1.37152. The best prices to try to have a short position are the control resistance zone 1.39756-1.39584. In case of the price is fixed upper the control […]

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GBPUSD overview 28.06.2021

Sterling rises on calls for lifting of COVID restrictions. GBPUSD under the bullish pressure today after Britain’s new health minister, Sajid Javid, said he wants all COVID-19 restrictions lifted as soon as possible. As a former finance minister Javid will be more sensitive to the costs suffered by the economy of lockdowns and therefore more […]

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GBPUSD overview 24.06.2021

Sterling falls as BoE keeps rates at all-time low. GBPUSD falling today after the Bank of England kept the size of its stimulus programme unchanged and left its interest rate at an all-time low of 0.1%, as expected. Economists expected no policy changes by the Bank of England as it waits to see if a […]

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Analysis Technical analysis

GBPUSD 23.06.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.39044-1.38872 and it has a potential to reach the target zone №2 1.37324-1.37152. The best prices to try to have a short position are the control resistance zone 1.39756-1.39584. In case of the price is fixed upper the control […]

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Analysis Market overview

GBPUSD overview 21.06.2021

GBPUSD surges ahead of Bank of England meating. GBPUSD rising strongly today under the growing sterling bullishness as well as the significant USD outflows as the markets continue to make sense of the FED comments made last week – which led to massive losses for this currency pair. The scale of the USD gains has […]