website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast British Pound / US Dollar technical chart
Symbol GBPUSD

Trading suggestion:

Regarding the entry signal of DTO we will invest at Monday - if no GAP - when the market opens.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1.3277)
  • Ending of entry zone (1.3170)

DateDecember 12, 2021 - 19:16
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.31700, beginning of uptrend is expected.
  • We make sure when the resistance at 1.40150 breaks.
  • If the support at 1.31700 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 1.3170 on 12/09/2021, so more gains to resistance(s) 1.3277, 1.3355, 1.3411 and maximum to Major Resistance (1.4015) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 39.

Take Profits:

  1. 1.3355
  2. 1.3496
  3. 1.3605
  4. 1.3749
  5. 1.3837
  6. 1.4015
  7. 1.4240
  8. 1.4565
  9. 1.4825
Click on the level to view price action history.

Symbol Released Current Forecast
British Pound / US Dollar (GBPUSD) Sat, 23 Mar 2024
British Pound / US Dollar (GBPUSD) free Sun, 17 Mar 2024
British Pound / US Dollar (GBPUSD) free Sat, 9 Mar 2024
British Pound / US Dollar (GBPUSD) Sat, 2 Mar 2024
British Pound / US Dollar (GBPUSD) free Sun, 25 Feb 2024