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
1.2360
0.0012
0.0984%
1.2348
1.2350
1.2380
1.2327
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 ...
Midday update for the GBPUSD 26-05-2023
3 days ago
The GBPUSD pair shows positive trades to attempt to breach 1.2345 level, affected by stochastic positivity, and the price needs to hold below this level to keep the correctional bearish trend valid ...
The GBPUSD pair managed to break 1.2345 level and close the daily candlestick below it, which supports the continuation of the correctional bearish trend on the intraday and short term basis, opening ...
Midday update for the GBPUSD 25-05-2023
4 days ago
The GBPUSD pair trades positively after finding solid support at 1.2345 level, affected by stochastic positivity, waiting to get negative motive that assists to push the price to break the mentioned ...
The GBPUSD pair succeeded to achieve our waited target at 1.2345, showing additional negative trades now, to hint heading to surpass this level and open the way to extend the correctional bearish ...
Midday update for the GBPUSD 24-05-2023
5 days ago
The GBPUSD pair rose quickly to test 1.2470 level, noticing that the price bounced bearishly to settle below the neckline of the head and shoulders’ pattern again, to keep the bearish trend ...
The GBPUSD pair shows some bullish bias to retest the broken neckline of head and shoulders’ pattern, accompanied by stochastic loss to the positive momentum clearly, while the EMA50 forms ...
Midday update for the GBPUSD 23-05-2023
6 days ago
The GBPUSD pair trades with clear negativity to reactivate the negative effect of the head and shoulders’ pattern that appears on the chart, which supports the continuation of the bearish trend ...
The GBPUSD pair shows calm negative trades to move away from 1.2470 level, reinforcing the expectations of continuing the correctional bearish trend, which targets 1.2345 as a next station, reminding ...
Midday update for the GBPUSD 22-05-2023
1 week ago
The GBPUSD pair resumes its negative trading after testing 1.2470 level in the previous sessions, motivated by stochastic negativity that appears clearly now, waiting for more decline in the upcoming ...