GBPUSD Outlook And Forecast

GBP/USD (British Pound - US Dollar) outlook and forecast is presented by the team of ForexAbode's analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price-action of GBP/USD. The outlook takes into consideration any important news, economic releases, technical factors but most importantly the price-action analysis.

The outlook reflects our views for short-term to mid-term movement of "GBP USD". However, sometimes the analysis takes into account the price data which may span many years, and is also supported by our very popular chart alerts.

The weekly updates include the predictions for the next week's expected moves for the British pound/US dollar. However, the projections are not only limited to the coming week but are applicable for the overall expectations for the near-term. Apart from the weekly prediction we also update GBP/USD daily analysis which presents our view about the daily price-action.

Further resources for trading GBP/USD

GBP/USD Weekly Outlook - July 28 to August 1, 2014

Written By : ForexAbode.com || 2014-07-27 02:37:40 GMT

GBP/USD continued its fall and went as low as 1.6961 before closing for the week at 1.6978.   Last to last week's brief break of 1.7042 support was the first indication for some extended decline. As we have been mentioning that GBP/USD's break over 1.7042 was a major milestone which had confirmed that the pair may be entering into a bullish trend.

GBP/USD Fundamental Analysis & Economic Strength Meter - July 26, 2014

Written By : ForexAbode.com || 2014-07-25 18:34:55 GMT

The GBP/USD fundamental analysis is updated weekly. It is one of the basis for the GBP/USD weekly outlook. This is mainly derived from the recent major economic releases and news. The GBP/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the U.K. and the U.S., which may affect the relative strength of British pound versus U.S.

GBP/USD Analysis - July 25, 2014

Written By : ForexAbode.com || 2014-07-25 02:59:15 GMT

Current Exchange Rate: 1.6987 at the time of analysis update. Intraday outlook: . GBP/USD has touched a low of 1.6966 after breaking below the psychological level of 1.7000 and also the 55-day EMA support.  But since then the pair has entered a sideways mode. The sideways moves started ahead of testing 1.6952 support of June 25th.

GBP/USD Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 02:24:14 GMT

Current Exchange Rate: 1.7085 at the time of analysis update. Intraday outlook: . GBP/USD had gone down to 1.7041 but found support of the downward slopping channel once again. We had mentioned about this channel during yesterday's daily analysis update also. We had indicated a possible support at 1.7040. Our outlook remains unchanged.

GBP/USD Analysis - July 22, 2014

Written By : ForexAbode.com || 2014-07-22 03:05:35 GMT

Current Exchange Rate: 1.7061 at the time of analysis update. Intraday outlook: . We expect some more decline for GBP/USD.

GBP/USD Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:40:18 GMT

The GBP/USD fundamental analysis is updated weekly. It is one of the basis for the GBP/USD weekly outlook. This is mainly derived from the recent major economic releases and news. The GBP/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the U.K. and the U.S., which may affect the relative strength of British pound versus U.S.

GBP/USD Analysis - July 16, 2014

Written By : ForexAbode.com || 2014-07-16 04:10:06 GMT

Current Exchange Rate: 1.7130 at the time of analysis update. Intraday outlook: . GBP/USD had moved up to break over the high of the recent range i.e. 1.7182. he currency pair went as high as 1.7192. On one hand this breakout suggests that we can expect further gains but on the other hand the break was very brief and not decisive. This is keeping us still neutral for GBP/USD.

GBP/USD Analysis - July 15, 2014

Written By : ForexAbode.com || 2014-07-15 05:45:47 GMT

Current Exchange Rate: 1.7158 at the time of analysis update. Intraday outlook: Neutral . Some further gains can not be ruled out but as evident by the daily chart, the highs have been continuously getting lower. We still do not rule out the possibilities for some downward consolidation as we had mentioned in theGBP/USD weekly analysis also but initially we stay neutral.

GBP/USD Weekly Outlook - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-12 20:46:44 GMT

During the last week the GBP/USD touched a low of 1.7085 but overall remained range bound below 1.7182 before closing for the week at 1.7114. As we had mentioned during the last weekend, GBP/USD's break over 1.7042 keeps the bullish sentiments strongly in the picture. GBP/USD's attempt of the recovery after the very heavy fall during 2008/2009 crisis had failed at 1.7042 during 2009.

GBP/USD Fundamental Analysis & Economic Strength Meter - July 12, 2014

Written By : ForexAbode.com || 2014-07-11 18:11:22 GMT

The GBP/USD fundamental analysis is updated weekly. It is one of the basis for the GBP/USD weekly outlook. This is mainly derived from the recent major economic releases and news. The GBP/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the U.K. and the U.S., which may affect the relative strength of British pound versus U.S.

Interest rates (GBP/USD)

GBP to USD Interest Rates Comparison
(For Carry Trade)
Pound sterling (GBP) interest rate
0.50%
US dollar (USD) interest rate
0.25%
GBP/USD interest rate comparison
0.25%

 

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