FUND Buy 03.08.2020 09:19
GBP/USD: GBP is consolidating near 1.3100
GBP demonstrates moderate gains against USD again today, returning to the local highs, updated at the end of last week. The instrument adds about 0.10% and is testing the level of 1.3100 for a breakout.
FUND Buy 31.07.2020 11:19
GBP/USD: general analysis
The GBP/USD pair is steadily growing for the tenth day in a row, renewing local highs. No key macroeconomic statistics were released on Thursday in the UK, and the instrument strengthened against the backdrop of the largest ever decline in US GDP on record, which decreased by 32.9% in the second quarter of this year.
TECH Buy 29.07.2020 07:50
GBP/USD: wave analysis
The pair may grow.
On the 4-hour chart, the third wave of the higher level (3) develops, within which the wave 3 of (3) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming. If the assumption is correct, the pair will grow to the levels of 1.3150–1.3300. In this scenario, critical stop loss level is 1.2763.
FUND Buy 27.07.2020 08:33
GBP/USD: the pair grows again
The GBP/USD pair is growing amid positive British data and the continuing decline of USD.