GBP USD Live Analysis
Economies.com provides the latest technical analysis of the GBP/USD (British Pound Sterling/Dollar). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair.
Latest Trade
1.2447
0.0032
0.2610%
1.2414
1.2450
1.2452
1.2420
Midday update for the GBPUSD 05-06-2023
16 hours ago
The GBPUSD pair provides clear negative trades to break 1.2430 level and reinforce the expectations of continuing the bearish trend domination in the upcoming sessions, and the way is open to achieve ...
The GBPUSD pair bounced downwards strongly after reaching 1.2540 areas, to break 1.2470 level and settles below it, which stops the bullish trend mentioned in our previous report and push the price ...
Midday update for the GBPUSD 02-06-2023
3 days ago
The GBPUSD pair shows sideways trades since morning, settling above 1.2500 barrier, to keep the bullish trend scenario valid as it is without any change, depending on the price stability above ...
The GBPUSD pair rallied upwards strongly yesterday to breach 1.2470 level and settles above it, which stops the correctional bearish scenario and lead the price to regain the main bullish trend ...
Midday update for the GBPUSD 01-06-2023
4 days ago
The GBPUSD pair provided negative trades in attempt to resume the expected bearish trend for today, motivated by the negative overlapping signal provided by stochastic now, waiting for more decline ...
The GBPUSD pair bounced upwards clearly to test the first key resistance 1.2445, keeping its stability below it, to keep the negative effect of the head and shoulders’ pattern active, waiting ...
Midday update for the GBPUSD 31-05-2023
5 days ago
The GBPUSD pair declined strongly to reach the thresholds of the first waited target at 1.2345, waiting to break this level to confirm the continuation of the bearish wave and head towards the next ...
The GBPUSD pair traded with clear positivity to breach 1.2380 level and reach 1.2445, noticing that the rise stopped at the broken neckline of the head and shoulders’ pattern that appears on ...
Midday update for the GBPUSD 30-05-2023
6 days ago
The GBPUSD pair is testing the key resistance 1.2380, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for today, as ...
The GBPUSD pair’s recent trades are confined within bearish pennant pattern that appears on the chart, and the EMA50 forms negative pressure against the price, while stochastic loses its ...