Forecasting

GBP/USD finally bounced off the resistance at 1.2760 and is currently bearish. We may see it depreciating towards 1.2650.

USD/CAD remains undecided around 1.3270. We may see a correction towards 1.3300.

EUR/USD has formed something of a double top around 1.1345 so I think we may see another move to the downside.

GBP/USD continues consolidating sideways and I think we may see the pair drop down to 1.2660. Let's see when the indecision will end.

The move south continues and GBP/USD is still very bearish. I think it will break out below 1.2600 soon.

EUR/USD depreciated to 1.1200, I guess we will find out next week whether there will be a breakout below that level. Considering how bearish it is it likely will.

GBP/USD broke out below 1.2600, remained very bearish and I think next week we can expect it to continue falling towards 1.2500 too.

EUR/USD rebounded from 1.1200 after all, after forming a double bottom around that level. Let's see how high the correction will be.

GBP/USD found some support at 1.2500 and after forming several spinning top candlesticks there on the four-hour time-frame it bounced off from it. I think it may rally to 1.2600.

EUR/USD is currently consolidating around 1.1200, if it breaks out above that level we may see it rallying towards 1.1240 or even towards 1.1300.