GBP/USD – sellers in control unless hurdle at 1.4549 is breached

FX_IDC:GBPUSD   British Pound / U.S. Dollar
Horrible PMI data releases this week has increased risk of GDP slowing down to 0.1%. With Brexit still five week away, a lot can change on that front.

Consequently, sellers are likely to remain in control, but breach of strong support at 1.4461 is needed to take the pair lower to 1.4431 – 1.4382 (100-DMA).

On the higher side, only an hourly close above 1.4549 would bring in fresh bids and expose 1.4635. Note that short-term bearish invalidation requires a daily close above 1.4635 levels.
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