FX:GBPUSD   British Pound / U.S. Dollar
119 1 9
GBPUSD             is seen going sideways in a 600-pip channel since the UK referendum in June. I placed EURGBP             in shades of grey just for reference.

I had hoped the support level around 1.295 would be enough to push price upwards towards 1.35 (maybe not quite reaching it, but somewhere close). However, looking at today's candle, we might see it touchdown at post-Brexit lows of 1.285 instead. Still, I remain positive that we'll see a turnaround sooner than later (like sometime this week or next) and boosted by uncertainties surrounding the US presidential elections in November - all that of course assuming UK's economy doesn't take further hits.
Comment: Running a little bit out of triangle here GBPUSD ...

Comment: Here's the 4-hour outlook. A break upwards is expected. Hold on to your stops...

Comment: It's going long, and EURGBP is coming down. Maybe.

Order cancelled
thank you!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out