GBP/USD Long-Term Outlook

FX:GBPUSD   British Pound / U.S. Dollar
56 0 0
The cable has been fairly resilient in the last coupled of days in the face of the big dollar rally. The pair is process of retesting the 50% fib, on the back of bouncing from the 1.5800 supportive zone. With strong bullish divergence to back it, we'd be looking for the pair to break the descending trend-line and the 50 SMA for bullish confirmation. Fundamentally, the pound is the one who may benefit from rate hikes before the dollar does, which may support a bullish continuation in the pair.
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
AR العربية
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