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Gbp/usd: the recent range lows at 1.2435 are within easy reach – scotiabank

GBP gains have been blocked above 1.25 over the past 24 hours. The recent range lows – which should be firm support – at 1....

September 14, 2023, 11:59 am

Gbpusd buyers try to make a play. can they keep the momentum going?

The GBPUSD buyers are trying to make a play to the upside. But the question is can they keep the momentum going? The move so far has taken the price a...

June 7, 2023, 1:21 pm

Gbpusd moves back toward break area from yesterday's trading

In the earlier video, I talked about the 50% midpoint of the May 2023 trading range at 1.24933 as being a key level to get below if the sellers were t...

June 2, 2023, 4:50 pm

Gbp/usd stays pressured towards 1.2300 ahead of uk retail sales, fed’s favorite inflation

With a clear downside break of the 50-DMA and the Cable pair’s sustained observance of a two-week-old resistance line, respectively near 1....

May 25, 2023, 11:14 pm

What levels are in play for the gbpusd and why through the fed chair speech

The GBPUSD retraced higher in trading today and in the process returned to the falling 100-hour moving average currently at 1.2469. Sellers leaned aga...

May 19, 2023, 2:39 pm

Gbpusd analysis – may 16, 2023

The GBPUSD pair recently experienced a failed attempt to break below the support level at 1.2435 and su...

May 16, 2023, 3:29 am

Gbpusd analysis – may 15, 2023

The GBPUSD pair has been experiencing some downward pressure recently, breaking below the rising trend line on the 4-hour chart. The pair is now facin...

May 15, 2023, 2:27 am

Gbpusd analysis – may 11, 2023

GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside m...

May 11, 2023, 10:31 am

Pound sterling price news and forecast: gbp/usd – fades bounce off 100-sma

The GBP/USD pair regains positive traction on Wednesday and snaps a two-day losing streak to a nearly one-week low, around the 1....

May 3, 2023, 10:59 am

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2362; (P) 1.2435; (R1) 1.2482; More… While GBP/USD’s is still bounded in range...

April 26, 2023, 1:37 pm

Gbpusd back toward unchanged on the day but for the week...not much going on

The GBPUSD is back higher, erasing all of day's declines and trades back at/near unchanged. The move back higher has taken the price back to the 200 h...

April 21, 2023, 6:57 pm

Gbp/usd price analysis: bears are moving in with eyes on 1.2350s

GBP/USD is meeting resistance near 1.2470 and testing trendline support. A break below trendline support opens the 1.2350s. GBP/USD was last trading a...

April 19, 2023, 8:29 pm

Pound sterling price news and forecast: gbp/usd remains pressured around one-week low

It should be noted that the quote’s clear downside break of an upward-sloping support line from March 24, now immediate resistance near 1....

April 18, 2023, 2:59 am

Gbp/usd price analysis: bears attack 21-dma below 1.2400 as uk employment data looms

It should be noted that the quote’s clear downside break of an upward-sloping support line from March 24, now immediate resistance near 1....

April 17, 2023, 10:44 pm

Gbp/usd should drop towards the 1.2320 level

Today, the FX pair could rest its resistance level at around $1.2420-1.2435, but if it is unable to bre...

January 24, 2023, 11:59 am

Gbp/usd price analysis: bulls approach 1.2435 hurdle amid five-day uptrend

GBP/USD stays on the front foot as bulls keep the driver’s seat during early Monday morning in Asia, after a two-week uptrend. That said, the Cable ...

January 23, 2023, 12:14 am


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