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GBPUSD

May 7, 2021 : GBP/USD Intraday technical analysis and trade recommendations.

By the end of last week, temporary signs of bullish breakout above 1.3950 were witnessed. However, this turned out to be a bullish trap once the Gbp/Usd pair returned below...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T18:39:23

GBP/USD: plan for the US session on May 7 (analysis of morning trades)

In my morning forecast, I paid attention to the level of 1.3921, as well as to the UK data. Let's take a look at the 5-minute chart and talk about...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T13:09:15

Technical analysis and recommendations for EUR/USD and GBP/USD on May 7, 2021

EUR/USD Yesterday, the bulls returned to the daily short-term trend (1.2068). As a result, this week, and today is its last working day, is characterized by the presence of uncertainty...
iconRelevance until2021-05-10
Analytical expert:
2021-05-07T12:07:14

Analysis of GBP/USD on May 7. Pound is confused where it is and what is happening

The current movements of the pound/dollar pair continue, which are very difficult to attribute to any particular wave pattern. Since April 20, the movement is such that it is difficult...
iconRelevance until2021-05-09
Analytical expert:
2021-05-07T11:43:13

Technical Analysis of GBP/USD for May 07, 2021

After breaking the support at 1.3937. The GBP/USD pair has set strong resistances at the levels of 1.3937 because the support has become a resistance. So, the price has already...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T11:30:55

Fractal analysis of major currency pairs on May 7, 2021

The EUR/USD pair is following the upward trend from May 5. The key resistance level is 1.2106 and the key support level is 1.2030. The GBP/USD is expected to further...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T10:40:09

Trading idea for GBP/USD

The Bank of England announced that it would leave the interest rate unchanged at 0.1% and the volume of bond purchases at £ 895 billion. Naturally, pound reacted restrainedly...
iconRelevance until2021-05-08
2021-05-07T10:17:43

Will Bank of England's decision support or hinder the pound's growth?

The British currency is currently faced with the most important question: How will its dynamics be influenced by the regulator's recent decision? At the moment, the pound is fluctuating between...
iconRelevance until2021-05-12
Analytical expert:
2021-05-07T09:20:27

Indicator analysis. Daily review for the GBP/USD pair on May 7, 2021

Yesterday, the pound/dollar pair did not decide on the direction of movement. The price closed the daily candlestick at 1.3886. Today, the economic calendar contains important news that will...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T09:00:17

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on May 7

Strong EU reports set off a rally in the market yesterday, thereby forming a buy signal in the euro. Meanwhile, several signals appeared for the pound, but only...
iconRelevance until2021-05-08
Analytical expert:
2021-05-07T08:47:21