Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD is in a downtrend as it may further decline to level 1.2914. On the weekly chart, the currency pair has been fluctuating between levels 1.3160 and 1.3800 since October 25, 2021. The downtrend may resume as price breaks below […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is in a sideways trend as it targets level 1.3800. Buyers are struggling to break above the moving averages. Presently, the Pound is above the 50-day line moving average but below the 21-day line moving average. The implication is […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is in a sideways move but struggles below level 1.3615. On February 3, the currency price breaks above the moving averages. The pound retraced below the 21-day SMA. The implication is that the currency price will be fluctuating between […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is now in an upward move but targets level 1.3800. Before the uptrend, the Pound was in a downtrend. On November 11 downtrend; a retraced candle body tested the `78.6% Fibonacci retracement level. The retracement suggests the Pound will […]
"Enigiemand wat by die markte betrokke was, is nederig en respekteer die feit dat dit nie 'n maklike wedstryd is nie, maak nie saak hoe suksesvol ons reeds was of hoeveel ondervinding ons het nie." – Charles E. Kirk Ongeveer vier jaar gelede het mnr. Geoffrey (nie sy regte naam nie) na my gekom en gesê […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is still in a downward move. The currency pair is trading in the bearish trend zone. The selling pressure was accelerated when the pair faced rejection at level 1.3800. The current downtrend has reached the low of level […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is still below the moving averages which are capable of a further downward move. Today, the Pound is rising upward and if it faces rejection at the 21-day moving average line, the selling presume will resume. However, the […]
Sleutelweerstandvlakke: 1.4200, 1.4400, 1.4600Sleutelondersteuningsvlakke: 1.3400, 1.3200, 1.3000 GBP/USD Prys Langtermyn-tendens: BearishGBP/USD-paar is sedert Junie in 'n afwaartse beweging. Die Pond-prys het 'n reeks laer hoogtepunte en laer laagtepunte gemaak. Op 1 Oktober opwaartse regstelling kon kopers nie prys bo 'n laer hoogtepunt van vlak hou […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair has been in a downward move. The currency price is making a series of lower highs and lower lows. The Pound is falling after rejection from level 1.3500. On November 12 downtrend; a retraced candle body tested the […]
