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GBPUSD Technical Analysis

Bearish GBPUSD is oversold at 1.231

GBPUSD Technical Analysis J.J. Edwards -
Bearish GBPUSD is oversold at 1.231 and approaching a resistance zone. The market expects a consolidation phase toward the $1.241 resistance. Retail traders and...

GBPUSD Consolidates at 1.244 in a Bear Market

GBPUSD Technical Analysis J.J. Edwards -
GBPUSD consolidates at 1.244, below the 50-period SMA. A Dip below the immediate support at $1.241 can trigger the downtrend, targeting $1.235, followed by...

GBPUSD Dipped Below $1.253: Market Awaits Action

GBPUSD Technical Analysis J.J. Edwards -
GBPUSD dipped below $1.253, trading in a bear market with immediate support at $1.249. A close below this can...

GBPUSD Close to 1.261 With Bullish Momentum

GBPUSD Technical Analysis J.J. Edwards -
GBP/USD is testing the 1.261 resistance as the RSI signals a bullish divergence. If the prices exceed 1.261, the...

GBPUSD Drops Below $1.261: Triggering Downtrend

GBPUSD Technical Analysis J.J. Edwards -
GBP/USD fell below $1.261, testing the 78.6% Fibonacci support level, leaving a bearish fair value gap behind. If $1.256...

GBPUSD Bearish Under $1.273 With Downtrend Risks

GBPUSD Technical Analysis J.J. Edwards -
GBP/USD trades bearish below the 75-SMA and the $1.273 resistance. The downtrend will likely resume if bears close below...

Watch GBPUSD as It Targets $1.261 After Key Drop

GBPUSD Technical Analysis J.J. Edwards -
FxNews—GBP/USD dipped below $1.273 after failing to hold above the critical resistance ($1.273). A dip below the immediate support...

GBPUSD Steady: Potential Rise to $1.285

GBPUSD Technical Analysis J.J. Edwards -
FxNews—GBP/USD has been trading sideways after it broke above the $1.272 critical resistance. As of this writing, the currency...

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