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GBPUSD Technical Analysis

GBPUSD Drops Below $1.261: Triggering Downtrend

GBP/USD fell below $1.261, testing the 78.6% Fibonacci support level, leaving a bearish fair value gap behind. If $1.256 support holds, a consolidation phase...

GBPUSD Bearish Under $1.273 With Downtrend Risks

GBP/USD trades bearish below the 75-SMA and the $1.273 resistance. The downtrend will likely resume if bears close below $1.261. Please note that the...

Watch GBPUSD as It Targets $1.261 After Key Drop

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

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

How GBPUSD Break Above $1.273 Affects Trading

FxNews—GBP/USD trades in a mild bull market, above the 75-period simple moving average. Today, the pair's value exceeded the...

GBPUSD is Stuck Below $1.273 Critical Resistance

FxNews—The British Pound lost its bullish momentum from $1.249 after hitting the critical resistance at $1.273. As of this...

GBPUSD Bearish Engulfing at $1.273 Hints Decline

FxNews—The GBP/USD's uptrend from $1.249 eased after the prices peaked at the critical resistance level, the 1.273 mark. The...

GBPUSD Nears $1.26 Amid Rising Inflation

The GBPUSD is moving closer to $1.26 after dipping to its lowest point six months earlier this month. Despite...