GBPUSD Technical Analysis – August 23 The GBPUSD pair ended the week unaltered in the price region of 1.3085, retreating from the year-high at 1.3267 level tested during the mid-week preceding. Nonetheless, the Brexit-related news was not so positive as yet another round of talks ended without success. Key LevelsResistance Levels: 1.3514, 1.3303, 1.3185Support Levels: […]
GBPUSD Price Analysis – August 16 The GBPUSD pair has ended a second straight week beneath the 1.3100 price level, unable to stimulate growth potential as Sterling is weakened by Brexit talks. A weak dollar was not enough to drive the pair higher, as Sterling’s demand was constrained by fears about the UK’s potential trading […]
GBPUSD Price Analysis – August 9 After striving tough to shift over late July, GBPUSD fell back under the 1.3100 mark. The US dollar has made a comeback with the non-farm payroll data as the trigger for what feels like a lifetime. The figures exceeded analyst expectations to report at 1.763 million from 1.6 million. […]
GBPUSD Price Analysis – August 2 GBPUSD ended the prior session at around 1.3170 level, which was the highest in four months. The weakness of the greenback is driving pounds higher while in England the currency is shrugging off restrictions on 4.3 million people. The GBP has been heavily overbought against the USD implying vigilance […]
GBPUSD Price Analysis – July 26 In the prior session, the GBPUSD pair spiked to level 1.2803, a recent six-week peak, following the weakness of the relentless dollar and optimistic UK numbers. Until it happens, Brexit-headlines controls the Sterling. There’s increased odds of a no-deal Brexit after the fifth round of talks collapsed last week. […]
GBPUSD Price Analysis – July 19 The GBPUSD exchange rate had earlier attempted to reach 1.2647 level. The rate closed at 1.2563 levels during the prior session. Some selling potential may probably emerge in the market as the moving average 5 pressures the currency pair, as well as the moving average 13 in the 1.2560 […]
GBPUSD Price Analysis – July 12 In the preceding session, the GBPUSD pair reached 1.2664 level, unable to exceed its weekly high and pull back to stay at 1.2612 level. The run was the direct consequence of the vulnerability of the wider dollar, as headlines from the UK did not offer the Pound any protection. […]
GBPUSD Price Analysis – July 5 The GBPUSD pair held steady in the prior session beneath the 1.2500 thresholds but ended the week with solid increases. At the end of the week, optimism mingled with concerns as Britons welcomed Saturday’s reopening of social events. Key LevelsResistance Levels: 1.3514, 1.2812, 1.2560Support Levels: 1.2300, 1.2075, 1.1409 GBPUSD […]
GBPUSD Price Analysis – June 28 The GBPUSD pair briefly crashed, hitting a fresh June low of 1.2314 level, gaining some mere 15 pips regardless of the closing. The crash was the result of demand from the revived dollar on a risk-averse market. Key LevelsResistance Levels: 1.3514, 1.2812, 1.2560Support Levels: 1.2300, 1.2075, 1.1409GBPUSD Long term […]
