GBPUSD Outlook

GBP/USD dropped sharply after hitting 1.2705 and intraday bias is turned neutral again. Overall, rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Hence, in case of ...
GBPUSD Outlook

The breach of 1.2673 suggests that GBP/USD's rebound from 1.1986 is resuming. Intraday bias is back on the upside for 1.2774 resistance. Still, such rise is seen as the third leg of the consolidation ...
GBPUSD Outlook

GBP/USD rebounds further today but stays below 1.2673 so far. Intraday bias remains neutral. Overall, rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Above 1.267...
GBPUSD Outlook

Intraday bias in GBP/USD remains neutral for the moment as it rebounded from 1.2414 support. Overall, rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Above 1.267...
GBPUSD Outlook

GBP/USD breaches 1.2414 minor support briefly but quickly recovered. Intraday bias stays neutral first. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. On the down...
GBPUSD Outlook

At this point, GBP/USD is staying in range of 1.2414/2673 and intraday bias remains neutral. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Break of 1.2414 minor s...
GBPUSD Outlook

GBP/USD's fall from 1.2673 extends but it stays above 1.2414 minor support so far. Intraday bias remains neutral first. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1...
GBPUSD Outlook

Intraday bias in GBP/USD remains neutral at this point. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Break of 1.2414 minor support will argue that it's completed...
GBPUSD Outlook

GBP/USD rose further to as high as 1.2673 last week but lost momentum since then. Initial bias stays neutral this week first. Rise from 1.1986 is seen as the third leg of the consolidation pattern fro...
GBPUSD Outlook

Intraday bias in GBP/USD remains neutral at this point. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Break of 1.2414 support will indicate that it's completed a...
GBPUSD Outlook

Intraday bias in GBP/USD is turned neutral with a temporary top in place at 1.2673. Rise from 1.1986 is seen as the third leg of the consolidation pattern from 1.1946. Break of 1.2414 support will in...
GBPUSD Outlook

With 1.2414 minor support intact, rebound from 1.1986 could still extend higher. But again, such rise is seen as the third leg of the consolidation pattern from 1.1946. We'd expect strong resistance ...