FxWirePro
Short

GBP/USD Short Term Outlook

FX:GBPUSD   British Pound/U.S. Dollar
292 0 3
GBP/USD             is trading weak (well below 200 day HMA) and intraday bias is negative as long as resistance 1.5435 holds.

The pair is expected to reach around 1.5350/1.5330 in short term.

On the upside minor resistance is around 1.5435 and nay break above would extend gains to 1.5460/1.5505 in short term. Further bullishness can be seen only above 1.5550.

Indicators (1 hour chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell

Recommendation: Sell GBP/USD             around 1.5400, SL 1.5440, Targets 1.5330/1.5305.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out