GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.2955.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.2905.
TP4: S2=1.289.
Set the stoploss of these orders at breakout of R2=1.2975.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.2975.
In this situation, there is an expectation to reach the target R3=1.307.
Set the stoploss of reverse orders at breakout of R1=1.2955.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Pound
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.3025.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.298.
TP4: S2=1.2955.
Set the stoploss of these orders at breakout of R2=1.3045.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.3045.
In this situation, there is an expectation to reach the target R3=1.3135.
Set the stoploss of reverse orders at breakout of R1=1.3025.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in EURGBPTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.8580
TP2= @ 0.8664
TP3= @ 0.8785
SL= Break below S2
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3055.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.311.
TP4: R2=1.315.
Set the stoploss of these orders at breakout of S2=1.3035.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3035.
In this situation, there is an expectation to reach the target S3=1.295.
Set the stoploss of reverse orders at breakout of S1=1.3055.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in GBPCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2613). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.2530
TP2= @ 1.2475
TP3= @ 1.2360
SL: Break Above R2
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.6.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=143.45.
TP4: R2=144.35.
Set the stoploss of these orders at breakout of S2=142.3.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=142.3.
In this situation, there is an expectation to reach the target S3=141.2.
Set the stoploss of reverse orders at breakout of S1=142.6.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in GBPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 1.3225
TP2= @ 1.3350
TP3= @ 1.3515
SL= Break below S2
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.4.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=142.05.
TP4: S2=141.25.
Set the stoploss of these orders at breakout of R2=143.6.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=143.6.
In this situation, there is an expectation to reach the target R3=144.65.
Set the stoploss of reverse orders at breakout of R1=143.4.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3225.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.338.
TP4: R2=1.342.
Set the stoploss of these orders at breakout of S2=1.3205.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3205.
In this situation, there is an expectation to reach the target S3=1.3105.
Set the stoploss of reverse orders at breakout of S1=1.3225.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.318.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.3085.
TP4: S2=1.306.
Set the stoploss of these orders at breakout of R2=1.321.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.321.
In this situation, there is an expectation to reach the target R3=1.3305.
Set the stoploss of reverse orders at breakout of R1=1.318.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.1.
On the other hand, short term forecast is uptrend, so trading is more risky this day and if you tend to set orders, invest less money and expect to reach the following target:
TP4: S1=142.35.
Set the stoploss of these orders at breakout of R2=143.25.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=143.25.
In this situation, there is an expectation to reach the target R3=144.2.
Set the stoploss of reverse orders at breakout of R1=143.1.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.1.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=142.8.
TP4: R2=143.4.
Set the stoploss of these orders at breakout of S2=141.8.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=141.8.
In this situation, there is an expectation to reach the target S3=140.7.
Set the stoploss of reverse orders at breakout of S1=142.1.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in GBPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3010). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD is in a uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.3090
TP2= @ 1.3178
TP3= @ 1.3345
SL= Break below S2
GBPUSD 1.3000 achievedThe British pound has moved to a fresh six-week trading high against the US dollar, with the pair moving above the psychological 1.3000 level. Buyers need to hold price above the 1.3000 level to maintain the bullish medium-term range breakout. The GBPUSD pair could easily advance towards the 1.3100 level at this stage, with the 1.3200 level the ultimate upside objective.
• The GBPUSD pair is bullish while trading above the 1.2960 level, further upside towards the 1.3100 and 1.3150 levels appears possible.
• the GBPUSD pair trades below the 1.2960 level, key support is found at the 1.2940 and 1.2900 levels.
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.297.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.301.
TP4: R2=1.3055.
Set the stoploss of these orders at breakout of S2=1.295.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.295.
In this situation, there is an expectation to reach the target S3=1.286.
Set the stoploss of reverse orders at breakout of S1=1.297.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPUSD 1.3000 insightThe British pound is firming above the 1.2940 level against the US dollar as the greenback comes under a fresh round of selling pressure. A sustained break above the 1.2960 resistance level exposes a potential technical test of the psychological 1.3000 level. Once above the 1.3000 level, the GBPUSD pair could quickly trade higher, with the 1.3200 resistance level the medium-term objective.
• The GBPUSD pair is bullish while trading above the 1.2900 level, key resistance is found at the 1.2960 and 1.3000 levels.
• If the GBPUSD pair trades below the 1.2900 level, key support is found at the 1.2880 and 1.2850 levels.
GBPUSD further gains expectedThe British pound continues to firm above the 1.2900 level against the US dollar, following a bullish weekly and monthly price close. Technical analysis shows that GBPUSD buyers have the upper hand while price closes above the 1.2890 level on a daily basis. Risk-averse traders may await a move above the 1.3000 level in order to confirm a range break and a potential push towards the 1.3200 resistance level.
• The GBPUSD pair is bullish while trading above the 1.2890 level, key resistance is found at the 1.2960 and 1.3000 levels.
• If the GBPUSD pair trades below the 1.2890 level, key support is found at the 1.2850 and 1.2820 levels.
GBPUSD 1.2900 still keyThe British pound has staged a strong rebound from the 1.2830 level against the US dollar after selles failed to break under the current weekly trading low. Going forward, a series of bullish price close is needed above the 1.2900 level is needed to encourage medium-term buying. A new high above the important 1.2960 level would also be extremely bullish for the GBPUSD pair.
• The GBPUSD pair is bullish while trading above the 1.2900 level, key resistance is found at the 1.2960 and 1.3100 levels.
• If the GBPUSD pair trades below the 1.2900 level, key support is found at the 1.2880 and 1.2830 levels.
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=140.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=141.55.
TP4: R2=142.
Set the stoploss of these orders at breakout of S2=140.55.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=140.55.
In this situation, there is an expectation to reach the target S3=139.5.
Set the stoploss of reverse orders at breakout of S1=140.8.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPUSD testing supportThe British pound is testing key support around the 1.2840 support level against the US dollar, following bearish news surrounding the upcoming UK election. Sellers need to break the 1.2820 level or the GBPUSD pair will most likely start to rally back towards the 1.2900 level. Overall, daily price closes above the 1.2940 level should be considered a strong sign that bulls intend to test the 1.3100 level.
• The GBPUSD pair is bullish while trading above the 1.2940 level, key resistance is found at the 1.3000 and 1.3100 levels.
• If the GBPUSD pair trades below the 1.2940 level, key support is found at the 1.2880 and 1.2820 levels.
GBPUSD on trackThe British pound is on the move against the US dollar, following a bullish reversal back above the 1.2900 resistance level. Going forward, GBPUSD short-term dip-buyers are expected to move in from the technically important 1.2880 support level. Overall, traders have few reasons to be bearish towards the GBPUSD pair over the medium-term while price trades above the 1.2840 level.
• If the GBPUSD pair trades below the 1.2940 level, key support is found at the 1.2880 and 1.2840 levels.
• The GBPUSD pair is bullish while trading above the 1.2940 level, key resistance is found at the 1.3000 and 1.3100 levels.
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.286.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.293.
TP4: R2=1.297.
Set the stoploss of these orders at breakout of S2=1.284.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.284.
In this situation, there is an expectation to reach the target S3=1.275.
Set the stoploss of reverse orders at breakout of S1=1.286.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=139.65.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.5.
TP4: R2=140.9.
Set the stoploss of these orders at breakout of S2=139.35.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=139.35.
In this situation, there is an expectation to reach the target S3=138.25.
Set the stoploss of reverse orders at breakout of S1=139.65.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!