The forecast from the company ForexMart

The forecast from the company ForexMart (ForeksMart)

Forecast GBP / USD for the week of 1 to 5 May

This week was in a pair of actual upward trend. Today, the Briton crossed the mark of 1.29 and was traded at the moment near the 1.2942 mark. Published data on the economic component of the UK were weak, and in the long run restrict the growth of the pound. MACD is increasing slightly. RSI is overbought and continues to grow. Forecast for the next week suggests pair decrease to 1.27.

Forecast EUR / USD for the week of 1 to 5 May

The pair started the week with hepatitis, which to date has not yet closed. Euro was predominantly in a lateral motion, attempting to break the level of 1.0948. Now quotes left under MA with period 20. MACD reduced. RSI also tends downward. Economic data from the US were worse than expected and did not support the dollar. Forecast for next week involves depreciation in the region of 1.07.