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GBPUSD - GBPUSD Analysis: Reaches for SMA at 1.2970
The GBP/USD is heading lower on Friday. Previously, the rate confirmed the 100-hour simple moving average as resistance and began a decline. The decline of the pair was almost over by the middle of Fr...
GBPUSD Intraday Analysis
GBPUSD (1.3046): The British pound failed to capitalize on the gains after clearing the resistance area of 1.3132 – 1.3086. The consolidation above this level pushed the currency pair back below the r...
GBPUSD Outlook: Extended Pullback Pressures Key 1.30 Support Zone, UK Data Eyed For Fresh Signals
Sterling bulls gave up after strong upside rejection just under falling 30WMA (1.3183) on Wednesday and subsequent pullback which generated negative signal on formation of bearish outside day on Thurs...
GBPUSD: Expect a further rise in prices to the level of 1.2975
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GBPUSD trades between trend lines on hourly chart
The GBPUSD is higher, but the price action has seen ups and downs on the way higher. The highs have seen stalls near a topside trend line. The last run higher did push a bit above the line, but the ra...