GBP/USD Price Forecast: Retreats from one-week top as USD firms; 1.3300 holds the key
Pound Sterling Price News and Forecast: GBP/USD rises as Burnham fiscal pledge calms markets
In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), Bitcoin (BTC/USD), S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open.
GBP/USD has seen marginal gains in recent sessions, but the pound remains vulnerable to a strong blend of domestic and external factors.
Our last projection for the GBPUSD still applies after the market fell below the daily trend support at 1.3280, which could lead to more pressure over the market. As we see from the previous chart, Intraday prices show resistance around 1.3325, where as long as prices hold below it, more of a drop toward targets […]
GBP/USD is holding above 1.32 as investors await a closely watched speech from Andy Burnham, the likely next UK Prime Minister, for clues on his economic agenda and fiscal priorities.
Intraday analysis covering GBPUSD analysis, EURJPY, and GER 40 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. GBPUSD fighting back The GBPUSD analysis shows The pound remains pressured after last week's 200 pip drop as the UK searches for its next Prime Minister.
GBP/USD Price Forecast: Pound keeps looking for direction around 1.3200
British Pound: Pound capped as bearish bias lingers against US Dollar – UOB
Our last projection for the GBPUSD still applies after the market fell below the daily trend support at 1.3280, which could lead to more pressure over the market. As we see from the previous chart, Intraday prices show resistance around 1.3325, where as long as prices hold below it, more of a drop toward targets […]
The GBP/USD pair continued to decline against the US dollar on Friday and is set to close June with its worst monthly performance since July last year, trading near 1.3182. Since the start of the month, sterling has lost around 2.2%.
British Pound: Range trade holds against US Dollar – UOB