GBP/USD – Bearish break but intraday RSI oversold

FX:GBPUSD   British Pound / U.S. Dollar
Resistance – 1.42, 1.4277, 1.4330

Support – 1.4193, 1.4132, 1.4080

  • Prices dropped to 1.4160 in Asia, pushing the hourly and 4-hour RSI to oversold territory.
  • Hence, a temporary loss of momentum followed by a minor correction to 1.4330 cannot be ruled out.
  • However, given the bearish weekly closing and daily RSI at 35.00, upticks are likely to be met with fresh offers, thus crucial support levels mentioned above stand exposed.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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