Gold price forecast, USDRUB and GBPUSD rates for today


Gold continues to develop a downward movement, leaving behind the broken level of 1767.00, so when returning to the broken horizontal, we should expect a rebound of the precious metal down. We now assume a deep correction, but the baseline scenario – a good rise in gold – remains in effect:

For the second week in a row, the Russian ruble has been walking in a narrow range, periodically looking either towards the 76.00 level or towards the 73.00 horizontal. For now, we should expect a rebound from these levels inside the range:

For the GBP / USD pair, the price is confidently going down, while the support level 1.3710 may stand in the way of the quotes, although the support at 1.3480 looks more interesting and promising. Of course, given the downward movement, it is interesting in this context to look at the signals from the candles:

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Review of the dollar, euro, pound, yen, aussie and gold prices for March 8, 2021