GBP USD Overview

Filter:
GBP/USD
Popular
EUR/USD
GBP/USD
USD/CHF
USD/JPY
AUD/USD
Brent
XAU/USD
All instruments:
Forex
USD/CAD
EUR/JPY
EUR/GBP
NZD/USD
EUR/AUD
GBP/JPY
CAD/JPY
EUR/CAD
NZD/JPY
GBP/CHF
CHF/JPY
EUR/NZD
GBP/AUD
CAD/CHF
AUD/NZD
NZD/CAD
GBP/CAD
AUD/CHF
Metals
XAG/USD
XAU/USD
XPD/USD
XPT/USD
XCU/USD
Energy
WTI
Brent
Agricultural
S&P500
DOW30
DXY
Select
AUD/CAD
AUD/JPY
AUD/SGD
AUD/USD
BTC/USD
CHF/BGN
CHF/RON
CHF/SGD
CHF/TRY
EUR/CHF
EUR/CZK
EUR/DKK
EUR/HKD
EUR/HUF
EUR/ILS
EUR/MXN
EUR/NOK
EUR/PLN
EUR/RON
EUR/RUB
EUR/SEK
EUR/SGD
EUR/TRY
EUR/USD
EUR/ZAR
GBP/BGN
GBP/CZK
GBP/DKK
GBP/HKD
GBP/HUF
GBP/NOK
GBP/NZD
GBP/PLN
GBP/RON
GBP/SEK
GBP/SGD
GBP/TRY
GBP/USD
GBP/USD
GBP/ZAR
HKD/JPY
NZD/CAD
NZD/CHF
SGD/HKD
SGD/JPY
TRY/JPY
USD/BGN
USD/CHF
USD/CNH
USD/CNY
USD/CZK
USD/DKK
USD/EUR
USD/HKD
USD/HUF
USD/ILS
USD/JPY
USD/MXN
USD/NOK
USD/NOK
USD/PLN
USD/RON
USD/RUB
USD/SEK
USD/SGD
USD/TRY
USD/ZAR
Clear
All Forex brokers
All Forex brokers
Admiral Markets
Alpari
EXNESS
FBS
FIBO Group
FxPro
FXTM
HYCM
IG
Instaforex
NordFX
Daily analytical report (02/05/18)
Since the middle of the April, the Cable has lost nearly 800 pips. What a drop! The first signs are starting to emerge that this could be too much and now there’s time for some take profit action. GBPUSD reached a combination of two super important supports: the long-term upwards trend line and the....
1
Daily analytical report (13/04/18)
After a major buy signal, the NZDUSD pair went higher, creating two correction patterns in the meantime; a rectangle and a pennant. Both of them were very shallow, which is indicative of great bullish potential. 0.7435 is the ultimate target here. GBPUSD is climbing up like a set of stairs. The pri....
1
Daily analytical report (03/04/18)
Yesterday, GBP gave a strong sell signal, not only on the Cable but on other pairs as well. Today, these signals are being denied, which could provide some great opportunities. It is a signal to open a position in the opposite direction. GBPUSD bounced nicely from the neckline yesterday and it look....
0
Daily analytical report (15/02/18)
CPI came out better, but USD got weaker. There’s definitely some logic behind this, but today, we will focus on technical analysis. Here, we were getting the sell signal for USD even before the data hit the airwaves. GBPUSD defended a very important horizontal support at 1.3850 and broke the upper ....
2
EURUSD: buyers trying to induce a reversal
EURUSD: buyers trying to induce a reversal
Previous: On Thursday the 8th of February, trading on the euro closed slightly down. A low of 1.2212 was hit on the back of a sharp jump on the British pound and the collapse of the EURGBP cross following the conclusion of the Bank of England’s meeting. When the cross pair reversed upwards, buyers h...
2
Pound may surge on 2nd referendum
The British pound may soon hit $1.40 as expectations grow that a 2nd referendum will be held on whether Britain will remain in the European Union with the chances of a reversal in decision of the previous referendum a distinct possibility. Many analysts believe that if a second referendum is announc...
0
Daily analytical report (12/01/18)
Friday's calendar seems like the busiest so far in 2018. We should finally see some action on the fundamental side of the market. Today, later in the day, we’ll get the CPI and retail sales data from the US. Ahead of this data, the EURUSD pair is trying its luck and is once again aiming at the ultr....
1
Daily analytical report (09/01/18)
Short-term positive sentiment on the US dollar continues. EURUSD is having a torrid time after buyers failed to break the 1.2080 resistance. The candlestick from the last week formed a pin bar, which could potentially be a very negative sign, especially since traders are following this signal this ....
1
Daily analytical report (29/12/17)
Time between Christmas and the New Year is definitely one of the worst weeks for the American Dollar in 2017. Negative sentiment towards the USD can be seen everywhere. It all starts with the Dollar Index, where we can see major bearish formation – head and shoulders pattern. Yesterday and today t.....
2
Daily analytical report (27/12/17)
Last Wednesday of the year brings us quite interesting trading setups. First one is Cable, GBPUSD, where the price is pushing higher. Buyers are supported by the long-term upwards trend line and the wedge formation. Actually, the upper line of the wedge has already been broken, so buy signal is beh....
3
EURUSD: euro falling under pressure from the crosses
EURUSD: euro falling under pressure from the crosses
Previous: On Thursday the 7th of December, trading on the euro/dollar pair closed down. The euro hit a low of 1.1776 on the back of a decline on the euro/pound cross. The GBPUSD pair dropped to the 1.3320 mark before mounting a 165-pip recovery to reach 1.3485. As the pound’s surge gained momentum a...
3
Daily analytical report (24/11/17)
Yesterday, the EURUSD pair made a quick stop below the 1.1860 resistance and today, buyers launched an attack. It seems to have been successful as the price has gone much higher, but for the final outcome, we need to wait till the end of the day. Nonetheless, sentiment remains positive and with the....
4
GBPUSD bouncing above major support, remain bullish for a push up
Buy above 1.3120. Stop loss at 1.3085. Take profit at 1.3236. Reason for the trading strategy (technically): Price has started to form a nice bullish configuration. We look to buy above major support at 1.3120 (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.3236 resis...
3
GBPUSD profit target reached perfectly, prepare for another bounce
Buy above 1.3112. Stop loss at 1.3017. Take profit at 1.3229. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and has reached our profit target. We are now seeing it at major support so the plan is to buy above 1.3112 (Fibonacci extension, horizontal ...
3
GBPUSD testing major resistance, remain bearish for a drop
Sell below 1.3273. Stop loss at 1.3356. Take profit at 1.3112. Reason for the trading strategy (technically): Price is now testing a major resistance level at 1.3273 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and we expect to see a strong reaction from this level to ...
3
GBPUSD dropping perfectly towards profit target, remain bearish for a further drop
Sell below 1.3222. Stop loss at 1.3300. Take profit at 1.3032. Reason for the trading strategy (technically): Price has been dropping from our selling area perfectly as expected. We remain bearish looking to sell on strength below 1.3222 resistance (Fibonacci retracement, horizontal overlap resistan...
3
GBPUSD dropping nicely from resistance, remain bearish for a further drop
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032.   Reason for the trading strategy (technically): Price continues to hover around below our selling area yesterday. We remain bearish looking to sell on major resistance pullback at 1.3269 (Fibonacci retracement, horizontal overlap resist...
3
GBPUSD dropping nicely from resistance, remain bearish for a further drop
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032.   Reason for the trading strategy (technically): Price has dropped really nicely from our selling area previously. We now remain bearish looking to sell on major resistance pullback at 1.3269 (Fibonacci retracement, horizontal overlap re...
3
GBPUSD dropped perfectly, remain bearish
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032. Reason for the trading strategy (technically): Price plummeted from our resistance yesterday before bouncing back up again. We remain bearish looking to sell on major resistance at 1.3269 (Fibonacci retracement, horizontal overlap resist...
3
GBPUSD close to major resistance, prepare to sell
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032. Reason for the trading strategy (technically): Price has continued to rise nicely to our major resistance area as expected. We prepare to sell on major resistance at 1.3269 (Fibonacci retracement, horizontal overlap resistance) and we ex...
3
Daily analytical report (11/10/17)
Markets are in a sideways trend as they await today's FOMC minutes. Nevertheless, we can still see a few interesting trading occasions on the charts. First, we will start with the USDCHF, where we have a false breakout of the down trendline and the 38.2% Fibonacci resistance. What’s more, the price....
3
GBPUSD approaching profit target, time to start selling
Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032. Reason for the trading strategy (technically): Price has risen really nicely towards our profit target. We prepare to sell as GBPUSD approaches major resistance at 1.3269 (Fibonacci retracement, horizontal overlap resistance) and we expe...
3
Market Commentary Tuesday 10 October 2017
Market Commentary Tuesday 10 October 2017
Tuesday 10 October 2017 EURUSD The EUR/USD pair managed to advance modestly this Monday, as half a holiday in the US, with Wall Street working, but pretty much everything else closed in the country, keeping majors within limited ranges. The pair ended the day marginally higher around 1.1750, merely ...
3
GBPUSD bouncing perfectly, remain bullish
Buy above 1.3002. Stop loss at 1.2829. Take profit at 1.3269. Reason for the trading strategy (technically): Price has bounced up absolutely perfectly from our buying level as expected. We remain bullish above major support at 1.3002 (Fibonacci retracement, Fibonacci extension, horizontal pullback s...
3
Short-term trading idea FX GBP/USD – bull speculation: rebound from the TR2 trend line
Short-term trading idea FX GBP/USD – bull speculation: rebound from the TR2 trend line
Trading opportunities on the currency pair: Since the 20th of September, the British pound has shed around 600 pips against the US dollar. The drop started with a pin bar model. From looking at the cycles, I’m expecting the rate to drop to the TR2 trend line or the range from 1.3000 to 1.3016, follo...
3
Market Commentary Monday 9 October 2017
Market Commentary Monday 9 October 2017
Monday 9 October 2017 EURUSD The EUR/USD pair closed down for a fourth consecutive week, ending a busy Friday at 1.1733. The weekly decline was a combination of political jitters in Spain and a dovish stance towards rates from the ECB weighing on the common currency, coupled with solid growth data f...
3
GBPUSD approaching major support, prepare to buy
Buy above 1.3002. Stop loss at 1.2829. Take profit at 1.3269. Reason for the trading strategy (technically): Price is approaching major support at 1.3002 (Fibonacci retracement, Fibonacci extension, horizontal pullback support) and we expect to see a corrective bounce above this level to push price ...
3
Market Commentary Friday 6 October 2017
Market Commentary Friday 6 October 2017
Friday 6 October 2017 EURUSD After a firm, but soft start to the day, the bid tone of the American dollar gathered momentum in the US session, following strong US data and hawkish comments from different Fed's speakers. Additionally, the common currency took a hit from the ECB's meeting minutes rele...
5
Market Commentary Thursday 5 October 2017
Market Commentary Thursday 5 October 2017
Thursday 5 October 2017 EURUSD The American dollar faltered for a second consecutive day, ending it marginally lower against most of its major rivals, but not far from its recent highs. The greenback eased early Wednesday on headlines indicating that Fed governor Jerome Powell was favored by US trea...
5
Market Commentary Wednesday 4 October 2017
Market Commentary Wednesday 4 October 2017
Wednesday 4 October 2017 EURUSD The greenback gained ground at the beginning of the day, but changed course in the American afternoon to end the day marginally lower against the EUR. The pair traded as low as 1.1695 on the back of persistent dollar's demand, fueled during Asian trading hours by a do...
4
show more

Was the information useful for you?

Categories

Forex Analysis
Forex Technical Analysis
Fundamental Analysis
Forex Market Overview
Daily Forex Forecasts
Weekly Forex Forecasts
Monthly Forex Forecasts
Forex Trade Ideas
Stock Market Analysis
Fractal Analysis
Forex Wave Analysis
Forex Trend Analysis
Ichimoku Analysis
Fibonacci Analysis
Candlestick Analysis
Forex Murrey Math Lines
If you like this discussion on TopBrokers.com then please like us on Facebook