Chart GBP/USD Update: Limited gains

May 29, 2025 7:31 AM UTC

The pullback from the 1.3593 current year high of 26 May has met anticipated buying interest just above congestion support at 1.3400

Chart GBP/USD Update: Room for deeper pullback

May 29, 2025 1:59 AM UTC

Under pressure as prices extend pullback from Monday's 1.3593 high to reach support at 1.3435/1.3400

Chart GBP/USD Update: Turning away from current 2025 year high

May 28, 2025 7:32 AM UTC

Consolidation beneath resistance at the 1.3593 current year high of 26 May is giving way to a pullback

Chart GBP/USD Update: Settling back from 1.3570/1.3600 resistance

May 28, 2025 1:39 AM UTC

Settling back from test of resistance at the 1.3570/1.3600 congestion area from February 2022

Chart GBP/USD Update: Balanced at year highs - studies rising

May 27, 2025 7:31 AM UTC

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

Chart GBP/USD Update: Extending gains

May 27, 2025 1:29 AM UTC

 Extending bullish break above 1.3435 resistance last week to fresh year high

Chart GBP/USD Update: Pressuring 1.3360 resistance, break in focus

May 19, 2025 8:16 AM UTC

Consolidation above support at 1.3250 congestion has given way to bounce to retest 1.3360 resistance

Chart GBP/USD Update: Extending consolidation above 1.3250

May 19, 2025 1:24 AM UTC

Little change, as prices extend consolidation above support at 1.3250 congestion

Chart GBP/USD Update: Gains to remain limited

May 16, 2025 7:32 AM UTC

Consolidation has given way to the anticipated break above 1.3300

Chart GBP/USD Update: Higher in consolidation

May 16, 2025 1:55 AM UTC

Edging higher as consolidation below the 1.3300 level gives way to break and see room to retest the 1.3360, mid-week high

Chart GBP/USD Update: Cautious trade - background studies under pressure

May 15, 2025 7:23 AM UTC

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

Chart GBP/USD Update: Limited above the 1.3300 level

May 15, 2025 2:04 AM UTC

Failed to sustain break above the 1.3300 level 

Chart GBP/USD Update: Further gains to remain limited

May 14, 2025 7:31 AM UTC

Consolidation following the test of support at the 1.3165 Fibonacci retracement has given way to a steady bounce

Chart GBP/USD Update: Regained the 1.3300 level

May 14, 2025 2:25 AM UTC

Rebound from the 1.3140 low has seen rally to regain the 1.3300 level

Chart GBP/USD Update: Consolidating test of the 1.3165 Fibonacci retracement

May 13, 2025 7:28 AM UTC

The anticipated test of support at the 1.3165 Fibonacci retracement is giving way to consolidation

Chart GBP/USD Update: Bounce at the 1.3142 support

May 13, 2025 2:07 AM UTC

Break of the 1.3200 level has seen losses to retest the 1.3142, 2023 year high

Chart GBP/USD Update: Reached 1.3200/33 - studies continue to track lower

May 9, 2025 7:24 AM UTC

Choppy trade has given way to the test of strong support at the 1.3200 break level and the 1.3233 weekly low of 23 April

Chart GBP/USD Update: Extending pullback from 1.3435 resistance, 1.3200 at risk

May 9, 2025 2:05 AM UTC

Under pressure as break of the 1.3260/1.3233 support confirms a top pattern at the 1.3435 high and see room for deeper pullback

Chart GBP/USD Update: Leaning lower in choppy trade

May 8, 2025 7:32 AM UTC

Choppy trade is giving way to a fresh pullback

Chart GBP/USD Update: Choppy trade threatens a top pattern at 1.3400/35 highs

May 8, 2025 1:53 AM UTC

Little change, as prices extend choppy trade above the 1.3260/1.3233 support

Chart GBP/USD Update: Balanced beneath 1.3400

May 7, 2025 7:32 AM UTC

The test of congestion resistance at 1.3400 is giving way to anticipated selling interest

Chart GBP/USD Update: Extend choppy trade above 1.3260/33 support

May 7, 2025 1:49 AM UTC

Extend choppy trade above the 1.3260/1.3233 support as prices unwind the oversold intraday and daily studies

Chart GBP/USD Update: Cautious trade - gains to remain limited

May 6, 2025 7:35 AM UTC

Little change, as prices extend cautious trade above support at the 1.3233 weekly low of 23 April

Chart GBP/USD Update: Extend consolidation above 1.3260/33 support

May 6, 2025 1:50 AM UTC

Remains in consolidation above 1.3260/1.3233 support 

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