GBPUSD has been stuck in a neutral gear for weeks, confined within a trading range of 1.2596 and 1.2785. Let’s explore the technicals to see where the pair might head next. Support Levels to Watch Resistance and...
The GBPUSD is on a decisive upward march, stretching its positive streak from 1.2596 to a new high of 1.2774. At this stage, it is coming up against the resistance level of 1.2785. A successful surge above...
In an unexpected turn of events, GBPUSD has broken below the 1.2660 support level, implying that its previous uptrend from 1.2596, which peaked at 1.2747, has already concluded. The ongoing descent from 1.2747 is viewed as a...
In recent movements, GBPUSD has managed to extend its climb from 1.2596 to an impressive high of 1.2732. The rise doesn’t seem to be stopping here, as further ascension is a possibility in the upcoming days. Subsequently,...
After briefly falling below the 1.2610 support level, GBPUSD managed a comeback from 1.2596, breaking above the 1.2680 resistance, pointing to a possible rise. A further ascent is anticipated in the days ahead and the next target...
GBPUSD has plunged below the 1.2673 support and is currently challenging the 1.2610 support level. If GBPUSD breaks below this 1.2610 support, it could suggest that the pair is caught in a downtrend wave from 1.2827. This...
Right now, the GBPUSD pair is facing a major test at the 1.2673 support level. Should it break below this key point, we could potentially witness a further downside trajectory, heading towards the next support level pegged...
The GBPUSD has managed to hurdle above the 1.2770 resistance level. This stride gives way to the possibility of a further climb towards 1.2827 resistance in the near future. If it manages to eclipse this level, it...
GBPUSD is once again facing resistance at the 1.2770 level. If the price manages to break above this resistance, it could potentially test the next resistance level at 1.2827. A successful breakout above 1.2827 would then aim...
GBPUSD has failed to break above the 1.2770 resistance level and is currently trading sideways within a range between 1.2673 and 1.2770. In this consolidation phase, several potential scenarios can be considered. As long as the 1.2673...