GBP/USD Technical Analysis for Today | British Pound / US Dollar Technical Reports

Intraday technical levels and trading recommendations for GBP/USD for December 18, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since Mid-November, Successive Lower Highs were demonstrated below the depicted H4 downtrend line around the price levels of 1.2870 and 1.2780.Shortly after, a quick decline was demonstrated towards the ....

Instaforex

18.12.2018

3

Forex Technical Analysis

GBP/USD: pair consolidating under Moving Averages

The pair is consolidating under the Moving Averages. Also, there's a 'V-Bottom', which has been confirmed, so the market is likely going to test the closest resistance at 1.2658 - 1.2695. The subsequent pullback from this level could lead to another decline towards the next support at 1.2588 - 1.25....

FBS

18.12.2018

3

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 17, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since Mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range).On December 6, the GBP/USD pai....

Instaforex

17.12.2018

0

Forex Technical Analysis

GBP/USD: confirmed 'Double Top'

There's a 'Double Top', which has been confirmed, but the price faced support at 1.2514. In this case, the market is likely going to reach the nearest resistance at 1.2634 - 1.2658. The subsequent pullback from this area could lead to a decline towards the previously tested support at 1.2514. The ....

FBS

17.12.2018

1

Forex Technical Analysis

Forecast for GBP/USD for December 17, 2018

Company does not offer investment advice and the analysis performed does not guarantee results GBP/USD On Friday, British Prime Minister Theresa may received a final response from European partners in the EU regarding the impossibility of revising the Brexit Treaty. Now she has to look for interna....

Instaforex

17.12.2018

0

Forex Technical Analysis

GBP/USD analysis for December 14, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2529. According to the H1 time – frame, I have found that the momentum is on the downside, but in my opinion the sel....

Instaforex

14.12.2018

19

Forex Technical Analysis

GBP/USD: 'V-Top' under the Moving Averages

There's a 'V-Top', which has been formed under the Moving Averages. However, if a pullback from the nearest support at 1.2588 happens next, there'll be time for another upward price movement. In this case, we should watch the closest resistance at 1.2695 - 1.2725. This area could be a starting poin....

FBS

14.12.2018

0

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 14, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since Mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range).On the other hand, two unsucce....

Instaforex

14.12.2018

0

Forex Technical Analysis

Forecast for GBP/USD December 14, 2018

Company does not offer investment advice and the analysis performed does not guarantee results GBP/USD On Thursday, the British pound increased slightly (22 points), but even this growth on the political crisis in England looked excessive. This morning, in the Asian session, this growth is already....

Instaforex

14.12.2018

0

Forex Technical Analysis

GBP/USD: 'Double Bottom' pushed price higher

The last 'Double Bottom' pattern pushed the price higher. The main intraday target is the closest resistance area at 1.2695 - 1.2725. If a pullback from these levels happens next, there'll be a moment for another decline in the direction of the next support at 1.2634 - 1.2588. There's a local 'V-B....

FBS

13.12.2018

1

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 13, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since Mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range).On the other hand, two unsucce....

Instaforex

13.12.2018

2

Forex Technical Analysis

GBP/USD analysis for December 13, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.2686. According to the H4 time – frame, I found that there is a confirmed double bottom pattern with a fake breakout o....

Instaforex

13.12.2018

1

Forex Technical Analysis

Forecast for GBP/USD December 13, 2018

Company does not offer investment advice and the analysis performed does not guarantee results GBP/USD On Wednesday, the British Parliament voted on a vote of confidence in Prime Minister Theresa May. The initiative of the "48 group" (the necessary number of letters from conservative deputies to i....

Instaforex

13.12.2018

1

Forex Technical Analysis

Analysis of GBP/USD for December 12, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2476. Anyway, according to the M15 time frame, I found a fake breakout of yesterday's low at the price of 1.2480, wh....

Instaforex

12.12.2018

2

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 12, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range).On the other hand, two unsucce....

Instaforex

12.12.2018

1

Forex Technical Analysis

GBP/USD: bullish pattern to form

There's a 'V-Top' pattern, so the price is consolidating. However, it's likely to have a bullish pattern soon. In this case, we should watch the nearest resistance at 1.2588 as an intraday target. The subsequent pullback from this level could be a starting point for a decline towards the next suppo....

FBS

12.12.2018

0

Forex Technical Analysis

Forecast for GBP/USD for December 12, 2018

Company does not offer investment advice and the analysis performed does not guarantee results GBP/USD In the British Parliament, the confusion only intensifies. Theresa May's plan for Brexit now does not suit even conservatives. The attempt to revise the agreement with the EU, as expected, met wi....

Instaforex

12.12.2018

1

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 11, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Since mid-November, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the depicted consolidation range).On the other hand, two unsucce....

Instaforex

11.12.2018

0

Forex Technical Analysis

GBP/USD: 'Double Top' led to decline

The last 'Double Top' led to the current downward price movement. However, there's a 'V-Bottom', so we should watch the nearest resistance at 1.2634 - 1.2661 as an intraday target. This area could be a starting point for another decline in the direction of the next support at 1.2514 - 1.2472. Ther....

FBS

11.12.2018

2

Forex Technical Analysis

Indicator analysis. Daily review for December 11, 2018 for the GBP/USD pair

Company does not offer investment advice and the analysis performed does not guarantee results Trend analysis (Fig. 1). On Tuesday, the downward movement to 1.2462 is the support line (red bold line). Fig. 1 (daily schedule). Comprehensive analysis: - indicator analysis - down; - Fibonacci levels....

Instaforex

11.12.2018

0

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 10, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair failed to establish a successful bullish breakout above the price level of 1.2880 (the upper limit of the current consolidation range).Last week, two unsuccessful bearish break....

Instaforex

10.12.2018

0

Forex Technical Analysis

GBP/USD analysis for December 10, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2690. According to the M15 time – frame, I found that there is trading below the daily pivot (1.2743) and below the ....

Instaforex

10.12.2018

0

Forex Technical Analysis

Technical analysis of GBP/USD for December 10, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Overview:The GBP/USD pair dropped from the level of 1.2890 towards 1.2780. Now, the price is set at 1.2850. On the H4 chart, the resistance is seen at the levels of 1.2890 and 1.3001. Volatility is very ....

Instaforex

10.12.2018

0

Forex Technical Analysis

GBP/USD: another 'V-Top' pattern

There's another 'V-Top' pattern, which has been confirmed, so the pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours. If a pullback from the target area happens little later on, there'll be a moment for an upward corre....

FBS

10.12.2018

0

Forex Technical Analysis

GBP/USD analysis for December 07, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading sideways at the price of 1.2765. According to the M15 time – frame, I found out that price is trading above the daily pivot (1.2764), which is a sign that sell....

Instaforex

07.12.2018

1

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 7, 2018

Company does not offer investment advice and the analysis performed does not guarantee results On October 30, the GBP/USD pair looked oversold around the lower limit of the H4 channel around 1.2700 where profitable BUY entries were suggested.A quick bullish movement was demonstrated towards the pr....

Instaforex

07.12.2018

1

Forex Technical Analysis

GBP/USD: another pullback from the 34 MA

There's another pullback from the 34 Moving Average, so the price is consolidating. Even so, we should keep an eye on the next resistance at 1.2826 - 1.2852 as an intraday target. If a pullback from these levels happens next, bears will probably try to reach the closest support at 1.2763 - 1.2723. ....

FBS

07.12.2018

0

Forex Technical Analysis

Intraday technical levels and trading recommendations for GBP/USD for December 6, 2018

Company does not offer investment advice and the analysis performed does not guarantee results +On October 30, the GBP/USD pair looked oversold around the lower limit of the H4 channel around 1.2700 where profitable BUY entries were suggested.A quick bullish movement was demonstrated towards the p....

Instaforex

06.12.2018

1

Forex Technical Analysis

GBP/USD analysis for December 06, 2018

Company does not offer investment advice and the analysis performed does not guarantee results Recently, the GBP/USD pair has been trading sideways at the price of 1.2741. According to the M15 time – frame, I found out that price is trading above the Ichimoku cloud and above Kijun- sen, Tenkan-sen....

Instaforex

06.12.2018

1

Forex Technical Analysis

GBP/USD: developing 'Falling Wedge' pattern

There's a developing 'Falling Wedge' pattern, which is likely going to be continued because the 34 Moving Average has acted as resistance. The main intraday target is the next support at 1.2658 - 1.2634. Meanwhile, if a pullback from this area happens next, there'll be time for a bullish correction....

FBS

06.12.2018

0

Forex Technical Analysis

Technical Analysis of GBP USD

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