GBPUSD: Broader Bias Remains Lower.
November 21, 2014 12:40 pmVideo
Latest News
- Technical Analysis – Are there any bullish signals in the US 500 index? June 3, 2024
- Analysis of GBP/USD pair on June 3rd. The British pound could not help but take advantage of the situation June 3, 2024
- Technical Analysis – USDCHF builds base around 0.9000 June 3, 2024
- EUR/USD. What to expect from the ISM index in the US? June 3, 2024
- USD/JPY: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- GBP/USD: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- EUR/USD: Simple trading tips for beginners on June 3rd (US session) June 3, 2024
- GBP/USD: trading plan for the US session on June 3rd (analysis of morning deals). The pound collapsed after a weak report June 3, 2024
- EUR/USD: trading plan for the US session on June 3rd (analysis of morning deals). The euro fell after weak PMI indices June 3, 2024
- Weekly Technical Outlook: 03/06/2024 – USDJPY, EURUSD, USDCAD June 3, 2024
- EUR/USD. June 3rd. Bulls are not retreating and await support from the US June 3, 2024
- GBP/USD. June 3rd. Bears remain weak, while the pound rises alongside the euro June 3, 2024
- Weekly Technical Outlook – USDJPY, EURUSD, USDCAD June 3, 2024
- Technical Analysis – USDJPY battles with 50-SMA June 3, 2024
- Bank of Canada edges closer to rate cut but will it be in June? – Preview June 3, 2024
- EUR/USD and GBP/USD: Technical analysis on June 3 June 3, 2024
- Market Comment – Steady start as markets digest data ahead of rate decisions and NFP June 3, 2024
- ECB to make the first move – Preview June 3, 2024
- USD/JPY: trading tips for beginners for European session on June 3 June 3, 2024
- GBP/USD: trading tips for beginners for European session on June 3 June 3, 2024
GBPUSD: We continue to hold on to our downside bias on GBP despite its recovery attempts. On the downside, support lies at the 1.5600 level where a break will aim at the 1.5550 level. A break of here will turn attention to the 1.5500 level. Further down, support lies at the 1.5450 level. Resistance resides at the 1.5700 level with a break aiming at the 1.5750 level. A violation will aim at the 1.5800 level and possibly higher towards the 1.5850 level. On the whole, GBP continues to retain its broader downside bias medium term
UNPARALLELED ANALYSIS covering EURUSD, GBPUSD, USDJPY, AUDUSD, EURJPY, EURGBP, USDCAD, USDCHF, GBPJPY, EURCHF and 5 Commodities Daily.GET YOUR ANALYSIS & TRADE ALERTS
Related Posts: