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Analysis Technical analysis

GBPUSD 14.04.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.38816-1.38624 and it is going to the target zone №2 1.40736-1.40544. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.37231-1.37039. In case of the […]

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GBPUSD overview 12.04.2021

GBPUSD rises as UK reopens and dollar falls. GBPUSD under the bullish pressure today under the effect of the sterling optimism and the dollar outflows as Treasury yields traded near recent lows and traders awaited important U.S. inflation and retail sales data in next few days. A fall in U.S. yields last week led to […]

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Analysis Technical analysis

GBPUSD 06.04.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.38816-1.38624 and it is going to the target zone №2 1.40736-1.40544. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.37231-1.37039. In case of the […]

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Analysis Market overview

GBPUSD overview 05.04.2021

Sterling rises on hopes for UK economy. Sterling continues to rise today – under the effect of the widespread sterling optimism after British Prime Minister Boris Johnson said today that everyone in England will be able to take a COVID-19 test twice a week. This is seen as the sterling positive news as the move […]

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Analysis Technical analysis

GBPUSD 30.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.38098-1.37882 and it has a potential to reach the target zone №2 1.36178-1.35986. The best prices to try to have a short position are the control resistance zone 1.38816-1.38624. In case of the price is fixed upper the control […]

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GBPUSD overview 29.03.2021

Sterling rises on vaccine relief. GBPUSD under the bullish pressure today after decline in concerns about Britain’s COVID-19 vaccine supply from the European Union helped sterling reverse some of the currency’s earlier losses. The EU last week stopped short of imposing a ban on vaccine exports, a proposal that had caused concern in Britain – […]

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GBPUSD overview 24.03.2021

Sterling falling on surprise UK inflation decline. GBPUSD under the bearish pressure today reflecting the widespread bearish sterling sentiment after data showed a surprise decline in inflation in Britain in February. British consumer price inflation fell to 0.4% in February from 0.7% in January, in the biggest annual drop in clothing prices since 2009. In […]

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Analysis Technical analysis

GBPUSD 23.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.38098-1.37882 and it has a potential to reach the target zone №2 1.36178-1.35986. The best prices to try to have a short position are the control resistance zone 1.39893-1.39701. In case of the price is fixed upper the control […]

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Analysis Market overview

GBPUSD overview 19.03.2021

GBPUSD falls on vaccine shortage and UK-EU tensions. GBPUSD under the bearish pressure today under the effect of the growing sterling bearishness as the market’s focus has now shifted toward the possible downside risks relating to the UK’s COVID-19 vaccine rollout and tensions with the European Union. The European Union previously threatened to ban exports […]

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Analysis Technical analysis

GBPUSD 15.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.38098-1.37882 and it has a potential to reach the target zone №2 1.36178-1.35986. The best prices to try to have a short position are the control resistance zone 1.39893-1.39701. In case of the price is fixed upper the control […]