FxNews—The Pound sterling’s dip against the U.S. dollar eased near the key resistance level at $1.261, the May 3rd high. The recent development in the dollar’s value has driven the...
GBPUSD Technical Analysis
Discover the latest GBPUSD Technical Analysis with our expert insights. Dive into detailed chart reviews, market trends, and predictive forecasts for the British Pound to US Dollar exchange. Stay ahead in forex trading with our up-to-date analyses.
FxNews—The pound sterling traded at about $1.275 against the U.S. Dollar in today’s trading session. The GBP/USD 4-hour chart below shows that the pair ranges in a bullish channel, stabilizing...
FxNews—The pound sterling has been in an uptrend against the U.S. Dollar since April 22, when it reached $1.229. The bullish trend eased after the GBP/USD pair hit the $1.28...
The GBP/USD currency pair formed a longwick bearish candle stick pattern close to the 78.6% Fibonacci at 1.276. The long wick candlestick interprets as a signal for trend reversal. Concurrently,...
FxNews—Pound Sterling resumed its uptrend trajectory against the U.S. dollar since May 9 from the 23.6% Fibonacci retracement level, the 1.243 mark. As of writing, the GBPUSD currency pair tests...