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 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.

GBP/USD Analysis - July 11, 2014

Written By : ForexAbode.com || 2014-07-11 04:13:22 GMT

Current Exchange Rate: 1.7144 at the time of analysis update. Intraday outlook: Neutral . The price-action is completely range bound below 1.7182 and practically above 1.7100, though there have been two slight break below this level but the low has been 1.7085.

GBP/USD Fundamentals and Economic Strength Meter - July 6, 2014

Written By : ForexAbode.com || 2014-07-07 06:08:16 GMT

The GBP/USD fundamentals are 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 Weekly Outlook - July 7 to 11, 2014

Written By : ForexAbode.com || 2014-07-05 20:25:52 GMT

GBPUSD went as high as 1.7180 before losing some of the upward momentum with very narrow range of daily open and close prices. The currency pair closed for the week at 1.7159. The recent highlight was the break above 1.7042. Since the heavy fall during the global economic turmoil of 2008/2009, the price action has been staying below 1.7042, which was the high of the recovery.

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%

 

Forex Trading Alerts


Name:
Email:
Confirm Email:
fdgjt

We will send email alerts as soon as the Forex analysis is updated.
Request you to check the Junk (spam mail) folder immediately in case Google group mail is not received in Inbox.

Enter Forexabode Blog

Enter Forex Abode Community

Forex Rates