GBP/USD Tuesday Forecast

Tuesday Forecast (September 20, 2022)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1,374, which will be followed by reaching resistance level 1,1591.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1,1374, which will be followed by moving down to support level 1,1200.

Weekly Forecast (September 18 – 23, 2022)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1,407, which will be followed by reaching resistance level 1,1611.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1,1407, which will be followed by moving down to support level 1,1200.

previous week forecast

Monthly Forecast, September 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1.1778, which will be followed by moving up to resistance level 1.2012 and 1.2306.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 1.1438, which will be followed by reaching support level 1.0520.

previous week forecast

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