Chart GBP/USD Update: Range trade - studies under pressure

April 1, 2025 7:26 AM UTC

Still little change, as prices extend cautious trade within the 1.2900 - 1.3000 range

Chart GBP/USD Update: Extend consolidation below 1.3000

April 1, 2025 1:43 AM UTC

Little change, as prices extend consolidation below the 1.3000 level

Chart GBP/USD Update: Leaning lower

March 26, 2025 8:32 AM UTC

Cautious trade is giving way to a test lower

Chart GBP/USD Update: Limited pullback

March 26, 2025 2:14 AM UTC

Steadied at the 1.2885 as prices consolidate pullback from the 1.3000 level

Chart GBP/USD Update: Consolidating - strong support at 1.2860

March 25, 2025 8:24 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious 

Chart GBP/USD Update: Room for deeper pullback

March 25, 2025 2:40 AM UTC

Limited on break of the 1.2900 level but consolidation here see scope for break lower to extend pullback from the 1.3014 high

Chartbook: Chart GBP/USD: Strong resistance within 1.3330 - 1.3435

March 24, 2025 11:44 AM UTC

Anticipated losses have met buying interest above strong support at 1.2000

Chart GBP/USD Update: Higher in range

March 24, 2025 8:30 AM UTC

The test of congestion support at 1.2900 has met anticipated buying interest above the 1.2860 lows from 6-10 March

Chart GBP/USD Update: Drifting lower

March 21, 2025 8:29 AM UTC

Still little change, as selling interest from resistance at the 1.3000 break level keeps near-term sentiment under pressure

Chart GBP/USD Update: Leaning lower in consolidation

March 21, 2025 2:00 AM UTC

Limited on probes above the 1.3000 level with fading momentum suggesting scope for pullback to correct rally from the 1.2560, 28 February low

Chart GBP/USD Update: Further consolidation - studies leaning lower

March 20, 2025 8:18 AM UTC

Little change, as strong selling interest around resistance at the 1.3000 break level keeps near-term sentiment cautious

Chart GBP/USD Update: Consolidating test of 1.3000

March 20, 2025 1:51 AM UTC

Consolidating test of the 1.3000 level but pressure remains on the upside with prices edging to reach fresh year highs

Chart GBP/USD Update: Consolidating test of 1.3000

March 19, 2025 8:33 AM UTC

Consolidation around resistance at 1.3000 is giving way to a drift lower

Chart GBP/USD Update: Consolidating test of 1.3000

March 19, 2025 1:48 AM UTC

Consolidating test of the 1.3000 level but pressure remains on the upside

Chart GBP/USD Update: Room for higher

March 18, 2025 8:33 AM UTC

Cautious trade has given way to a move higher to pressure resistance at the 1.2988 monthly high of 12 March and 1.3000

Chart GBP/USD Update: Consolidating below 1.3000

March 18, 2025 2:00 AM UTC

Saw break of the 1.2988 high of last week but gains fell just shy of the 1.3000 level

Chart GBP/USD Update: Consolidating - daily studies under pressure

March 17, 2025 8:28 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart GBP/USD Update: Lower in consolidation

March 17, 2025 2:08 AM UTC

Drifting lower from the 1.2988 high as prices unwind the overbought intraday and daily studies

Chart GBP/USD Update: Leaning lower

March 14, 2025 8:33 AM UTC

Little change, as deteriorating intraday studies keep near-term sentiment cautious

Chart GBP/USD Update: Consolidating below the 1.3000 figure

March 14, 2025 1:42 AM UTC

Drifting narrowly in range from the fresh high just below the 1.3000 figure

Chart GBP/USD Update: Balanced at fresh year highs beneath 1.3000

March 13, 2025 8:34 AM UTC

Still little change

Chart GBP/USD Update: Just shy of the 1.3000 figure

March 13, 2025 2:11 AM UTC

Pressure remains on the upside with gains reaching fresh high just below the 1.3000 figure

Chart GBP/USD Update: Balanced beneath fresh 2025 year high

March 12, 2025 8:37 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart GBP/USD Update: Still stretching, but bullish momentum slows

March 12, 2025 2:21 AM UTC

Pressure remains on the upside with gains stretching to fresh high at 1.2965

Chart GBP/USD Update: Pressuring 1.2900/20 - studies rising

March 11, 2025 8:31 AM UTC

Still little change, as mixed intraday studies keep near-term sentiment cautious

Chart GBP/USD Update: Extend consolidation at 1.2900/25 resistance

March 11, 2025 1:59 AM UTC

Little change, as prices extend consolidation at the 1.2900/25 congestion and 61.8% Fibonacci level 

Chart GBP/USD Update: Room for a test above 1.2900/20

March 7, 2025 8:30 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious 

Chart GBP/USD Update: Settled back from test of 1.2900/25 resistance

March 7, 2025 2:07 AM UTC

Settled back from test of resistance at the 1.2900/25 congestion and 61.8% Fibonacci level

Chart GBP/USD Update: Reached 1.2900/20 - studies overstretched

March 6, 2025 8:23 AM UTC

Anticipated gains have reached strong resistance at 1.2900 and the 1.2920 Fibonacci retracement

Chart GBP/USD Update: Consolidating test of 1.2900/25 resistance

March 6, 2025 2:17 AM UTC

Break above the 1.2715 February high has seen follow-through to reach the 1.2900/25, congestion and 61.8% Fibonacci level

Chart GBP/USD Update: Extending January gains

March 5, 2025 8:36 AM UTC

Consolidation beneath 1.2800 has given way to further gains

Chart GBP/USD Update: Consolidating at 1.2800/11 resistance, room for break later

March 5, 2025 2:20 AM UTC

Break above the 1.2715 high has seen rally to fresh high to retest the December high at the 1.2800/11 area

Chart GBP/USD Update: Fresh 2025 year highs - studies rising

March 4, 2025 8:33 AM UTC

The anticipated test of 1.2700 has extended to post a fresh 2025 year high at 1.2725

Chart GBP/USD Update: Retest 1.2700/28 resistance

March 4, 2025 2:02 AM UTC

Consolidation at the 1.2600 level has given way to rebound to retest resistance at the 1.2700/28 area

Chart GBP/USD Update: Consolidating test of 1.2500 - studies leaning lower

December 11, 2023 9:06 AM UTC

Asterisk denotes strength of level
08:55 GMT - Anticipated losses have reached congestion support at 1.2500, where rising intraday studies and flattening oversold daily stochastics are prompting short-term consolidation. A minor test higher cannot be ruled out, but the bearish daily Tension Indicator

Chart GBP/USD Update: Prices remain under pressure

December 11, 2023 2:33 AM UTC

Asterisk denotes strength of level
02:20 GMT - Prices remain under pressure as consolidation below the 1.2600 level has seen losses extending to the strong support at the 1.2500 level. Break here, if seen, will see room to further extend losses from the Nov high to the 1.2450/28 area. Corrective pull