Chart GBP/USD Update: Consolidating - potential for a minor test lower

October 21, 2024 7:27 AM UTC

Little change, as prices extend cautious trade above congestion support at 1.3000

Chart GBP/USD Update: Room to extend bounce from 1.2975 low

October 21, 2024 2:03 AM UTC

Extending bounce from the 1.2975 low and break above the 1.3045 resistance clears the way for stronger recovery 

Chart GBP/USD Update: Smart bounce, but gains to remain limited

October 18, 2024 7:30 AM UTC

Consolidation following the break below 1.3000 has given way to a sharp bounce

Chart GBP/USD Update: Consolidating at the 1.3000 level

October 18, 2024 1:49 AM UTC

Edged up from the 1.2975 low to consolidate at the 1.3000 level

Chart GBP/USD Update: Extending September losses

October 17, 2024 7:25 AM UTC

Consolidation around 1.3000 has given way to the anticipated break

Chart GBP/USD Update: Scope to extend losses

October 17, 2024 2:09 AM UTC

Rejection from the 1.3100 level has seen sharp break lower through the 1.3045 and 1.3000 support

Chart GBP/USD Update: Poised to extend September losses

October 16, 2024 7:23 AM UTC

Consolidation has given way to a sharp fall

Chart GBP/USD Update: Higher in consolidation from the 1.3045/00 support

October 16, 2024 2:05 AM UTC

Edged higher in consolidation at the 1.3045 support to reach the 1.3100 level 

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

October 15, 2024 7:27 AM UTC

Still little change

Chart GBP/USD Update: Consolidating test of 1.3045/00 strong support

October 15, 2024 1:57 AM UTC

No follow-through on break of the 1.3045 support as prices unwind the oversold intraday studies

Chart GBP/USD Update: Consolidating - limited tests higher

October 14, 2024 7:23 AM UTC

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

Chart GBP/USD Update: Weighing on the 1.3045/00 support

October 14, 2024 2:03 AM UTC

Steady in range above the 1.3020 low but pressure remains on the downside

Chart GBP/USD Update: Gains to remain limited

October 4, 2024 7:25 AM UTC

The anticipated break below congestion at 1.3100 has met buying interest around 1.3090

Chart GBP/USD Update: Consolidating at 1.3100 level, room for lower

October 4, 2024 1:56 AM UTC

Consolidating test of the 1.3100 level as prices unwind oversold intraday studies 

Chart GBP/USD Update: Accelerating lower

October 3, 2024 7:32 AM UTC

Steady intraday losses have given way to a sharp break down

Chart GBP/USD Update: Under pressure, room to 1.3230/00

October 3, 2024 1:54 AM UTC

Prices remains under pressure and break of the 1.3266 support see room to extend losses from the 1.3434 high

Chart GBP/USD Update: Room for lower in the coming sessions

October 2, 2024 7:27 AM UTC

Anticipated losses have extended

Chart GBP/USD Update: Room to extend pullback from the 1.3434 high

October 2, 2024 2:10 AM UTC

Consolidation below the 1.3434 high has given way to selling pressure 

Chart GBP/USD Update: Leaning lower

October 1, 2024 7:26 AM UTC

Cautious trade is giving way to the anticipated drift lower

Chart GBP/USD Update: Consolidating below 1.3434 high

October 1, 2024 1:40 AM UTC

Little change as prices remains in consolidation below the 1.3434 high

Chart GBP/USD Update: Consolidating - downside tests to remain limited

September 30, 2024 7:17 AM UTC

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

Chart GBP/USD Update: Extending consolidation below 1.3434 high

September 30, 2024 2:11 AM UTC

Extending consolidation below the 1.3434 high as prices unwind the overbought daily studies

Chart GBP/USD Update: Consolidating beneath fresh 2024 year high - background studies improving

September 27, 2024 7:28 AM UTC

Choppy trade has posted a fresh year high at 1.3435

Chart GBP/USD Update: Consolidating below 1.3434 fresh year high

September 27, 2024 1:55 AM UTC

Pressure remains on the upside with gains edging to fresh year high at 1.3434

Chart GBP/USD Update: Prices remain under pressure

September 26, 2024 7:32 AM UTC

The anticipated test of 1.3340 has extended to 1.3315

Chart GBP/USD Update: Scope for deeper pullback from 1.3430 high

September 26, 2024 2:25 AM UTC

 Reach fresh year high at 1.3430 before turning lower as prices unwind the overbought intraday and daily studies

Chart GBP/USD Update: Turning away from fresh 2024 year high above 1.3400

September 25, 2024 7:31 AM UTC

The anticipated test of resistance at 1.3400 has extended to a fresh 2024 year high at 1.3430

Chart GBP/USD Update: Extending gains, but stretched

September 25, 2024 2:12 AM UTC

 Pressure remains on the upside with fresh high above the 1.3400 level opening up scope to the 1.3440 resistance

Chart GBP/USD Update: Fresh 2024 year highs - focus on 1.3400

September 24, 2024 7:27 AM UTC

The minor pullback from the 1.3330 Fibonacci retracement has met fresh buying interest just beneath the 1.3266 monthly high of 27 August

Chart GBP/USD Update: Extending gains

September 24, 2024 2:02 AM UTC

 Pressure remains firmly on the upside to reach fresh high at 1.3370

Chartbook: Chart GBP/USD: Extending September 2022 gains - studies improving

September 23, 2024 11:49 AM UTC

The anticipated minor pullback has not seen, as cautious multi-week trade gives way to fresh gains

Chart GBP/USD Update: Turning away from the 1.3330 Fibonacci retracement

September 23, 2024 7:30 AM UTC

Cautious trade following the test of strong resistance at the 1.3330 Fibonacci retracement is giving way to a pullback

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