GBP/USD Forecast for December 18, 2024
On Tuesday, the British pound rose by 27 pips, closing the day below the 1.2708 resistance level after briefly breaching it during the session. Today, the pound starts slightly weakening.
Forex Analysis & Reviews
Analytics today
Popular analytics
All analytics
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
For beginners
Video analytics
Pattern Graphix
Hot topic: Coronavirus (COVID-19)
AUD/USD Forecast for December 18, 2024
The Australian dollar broke below it yesterday after a brief consolidation at the 0.6351 level. Further declines have started today, and the price is moving toward the support level.
Overview of the GBP/USD Pair December 18; Central Bank Meetings Already Boost the Pound
The GBP/USD currency pair traded higher on Monday and Tuesday. On Monday, there were no clear reasons or grounds for this increase, as the macroeconomic background from.
Overview of the EUR/USD Pair for December 18; Christine Lagarde Confirms the ECB's Official Position
The EUR/USD currency pair continued to trade with low activity on Tuesday. At least five reports could have drawn traders' attention throughout the day. However, morning reports from Germany.
Trading Recommendations and Review of GBP/USD on December 18; The British Pound Remains in High Spirits
On Tuesday, the GBP/USD currency pair continued upward movement and tested the Ichimoku indicator lines. As a result, a reversal is quite likely today. However, remember that today's key events.
Trading Recommendations and Review of EUR/USD on December 18; Flat Narrows Ahead of the Fed Meeting
The EUR/USD currency pair continued to trade on Tuesday within a range-bound channel and a state of total flat movement. Volatility is decreasing daily, and the price action is becoming.
Bitcoin: The Bull Cycle is Far from Over
Bitcoin continues to set new records, surpassing the $107,400 mark. Since breaching the $100,000 level, demand for cryptocurrency among major investors has only intensified, highlighting confidence in Bitcoin's future.
Email Subscription
Do you want to receive Forex analytics newsletter to your email?
Subscribe to analytics newsletter and get fresh daily reviews prepared by InstaSpot professional analysts. You can choose which type of analysis and from what analysts you wish to recieve to your email address daily. Be on top of the Forex market events with InstaSpot!
EUR/USD: December Fed Meeting Preview
The outcome of the December 18 Federal Reserve meeting is widely anticipated to cause significant volatility. Compressed expectations will swiftly resolve, either in favor of EUR/USD bulls or bears.
Trading Signals for GOLD (XAU/USD) for December 17-20, 2024: buy above $2,632 (21 SMA - 4/8 Murray)
Early in the American session, gold is trading around 2,641 within an uptrend channel forming since November 20, below 4/8 Murray, and below the 21 SMA. Gold is under bearish.
Trading Signals for EUR/USD for December 17-20, 2024: buy above 1.0526 (21 SMA - 2/8 Murray)
In case the euro consolidates below 1.0496, the outlook could be negative and we expect EUR/USD to reach the 1/8 Murray located at 1.0376. This could be a key point.
GBP/USD: Trading Plan for the U.S. Session on December 17th (Analysis of Morning Trades). Pound Rose After Labor Market Data
In my morning forecast, I paid attention to the level of 1.2665 and planned to make trading decisions from there. Let's look at the 5-minute chart and analyze what happened.
EUR/USD: Trading Plan for the U.S. Session on December 17th (Analysis of Morning Trades)
In my morning forecast, I paid attention to the level of 1.0506 and planned to make trading decisions from there. Let's look at the 5-minute chart and analyze what happened.
NZD/USD: Analysis and Forecast – Pair Under Pressure from Multiple Factors
The NZD/USD pair remains under pressure from several key factors. Today, the pair attracts new sellers, continuing its steady intraday decline. Spot prices have dropped to 0.5755 and remain near.
USD/CAD. Analysis and Forecast
For the fourth consecutive day, the USD/CAD pair continues to attract buyers, retesting its highest level since April 2020 around the 1.4280 zone. This upward movement is driven.
EUR/USD: December 17th. Lagarde Fails to Support the Bulls
On Monday, the EUR/USD pair returned to the corrective level of 323.6% – 1.0532, where it has been trading for several weeks. A rebound from this level allows.
GBP/USD: December 17. Massive Wage Growth in the UK
On the hourly chart, the GBP/USD pair on Monday rebounded from the support zone 1.2611–1.2620, triggering an upward movement. Today, the pound almost reached the resistance zone 1.2709–1.2734. A rebound.
Show more
We present to you the daily updated section of market analysis prepared by professional analysts of InstaSpot Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
