GBP/USD Analysis | Is GBP/USD Going To Recover From Here?

Here is our next video about GBP/USD analysis. GBP/USD price November is under pressure as the Bank of England postponed increasing interest rates. GBP/USD is trading today at 1.3527 or 0.24% lower as of 2:48 pm GMT. GBP/USD forecast November…

GBP/USD Analysis | Is GBP/USD Going To Recover From Here?

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Here is our next video about GBP/USD analysis. GBP/USD price November is under pressure as the Bank of England postponed increasing interest rates. GBP/USD is trading today at 1.3527 or 0.24% lower as of 2:48 pm GMT.

GBP/USD forecast November shows that the pair might be boosted by potential rate hike in the coming months. That would be the first interest rate hike by a major central bank since the pandemic hit and once again it has been postponed.

GBP/USD November is also likely to see additional negative pressure as it urged to test key support around 1.3420. The pair managed to hold last time it touched this level, however breaking it this time could prevent any suggested positive scenario.

Watch‌ ‌the‌ ‌full‌ ‌video‌ ‌for‌ ‌our‌ ‌take‌ ‌on‌ GBP/USD chart analysis and‌ ‌‌a‌ ‌deeper‌ ‌insight‌ ‌into‌ ‌what‌ ‌to‌ ‌expect‌ ‌in‌ ‌the‌ ‌weeks‌ ‌ahead‌ ‌from‌ GBP/USD forecast. ‌Drop‌ ‌us‌ ‌a‌ ‌line‌ ‌in‌ ‌the‌ ‌comments‌ ‌with‌ ‌your‌ ‌thoughts‌ ‌on‌ the GBP/USD price target.

To‌ ‌be‌ ‌notified‌ ‌about‌ ‌the‌ latest GBP/USD technical analysis and news,‌ ‌subscribe‌ ‌to‌ Capital.com,‌ ‌and‌ ‌click‌ ‌that‌ ‌notification‌ ‌bell.‌

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00:00 Intro
01:36 GBP/USD to move higher?
03:40 Support and resistance
04:07 Technical analysis
09:13 Recap

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