weekly forecast

Daily price still within a consolidation range of around 250pips. The weekly chart below shows how the overall bias is bearish with price reversing at monthly and weekly key levels as well as a reversal at the weekly fibb zone followed by bearish momentum. After a few weeks of failing to...

The week has started off bearish, this shouldn't be a surprise as bullish price action has been over extended, so a bearish reversal was due at some point. The 8MA and 18 MA are still proving to be solid supports on the daily time frame, suggesting the overall bias remains bullish. However...

This is GBPUSD exchange rate forecast from Aug 7 to Aug 11. At first, below is economic news last week. Financial Times reported: "Bank of England Governor Mark Carney warned that persistent uncertainty over the UK's future relationship with the EU is holding back business investment and...

Still hard to me to say whether eurusd will contuinue fall for this week, if look on four hour timeframe this pair still move on ranging trend behaviour which if we look on weekly timeframe, on ths area seems still become support level