GBP Trading Outlook Archive

GBP/USD Intraday: bullish bias above 1.4170. Pivot: 1.4170 Our preference: long positions above 1.4170 with targets @ 1.4275 & 1.4335 in extension. Alternative scenario: below 1.4170 look for further downside with 1.4130 & 1.4070 as targets. Comment: the RSI is mixed to bullish. Supports and… Read more

GBP/USD Intraday: caution. Pivot: 1.4275 Our preference: short positions below 1.4275 with targets @ 1.4130 & 1.4020 in extension. Alternative scenario: above 1.4275 look for further upside with 1.4335 & 1.4405 as targets. Comment: the RSI is mixed to bearish. Supports and resistances: 1.4405 ***… Read more

GBP/USD Intraday: the upside prevails. Pivot: 1.4131 Our preference: long positions above 1.4131 with targets @ 1.4305 & 1.4405 in extension. Alternative scenario: below 1.4131 look for further downside with 1.4020 & 1.3980 as targets. Comment: the RSI is mixed to bullish. Supports and resistances:… Read more

GBP/USD Intraday: the upside prevails. Pivot: 1.4095 Our preference: long positions above 1.4095 with targets @ 1.4255 & 1.4305 in extension. Alternative scenario: below 1.4095 look for further downside with 1.4020 & 1.3980 as targets. Comment: the RSI is mixed to bullish. Supports and resistances:… Read more

GBP/USD Intraday: the upside prevails. Pivot: 1.4020 Our preference: long positions above 1.4020 with targets @ 1.4215 & 1.4255 in extension. Alternative scenario: below 1.4020 look for further downside with 1.3980 & 1.3910 as targets. Comment: the RSI is mixed to bullish. Supports and resistances:… Read more

GBP/USD Intraday: the upside prevails Pivot: 1.4020 Our preference: long positions above 1.4020 with targets @ 1.4130 & 1.4160 in extension. Alternative scenario: below 1.4020 look for further downside with 1.3980 & 1.3911 as targets. Comment: the RSI is mixed to bullish. Supports and resistances:… Read more

GBP/USD Intraday: the upside prevails. Pivot: 1.3900 Our preference: long positions above 1.3900 with targets @ 1.4020 & 1.4045 in extension. Alternative scenario: below 1.3900 look for further downside with 1.3840 & 1.3765 as targets. Comment: the RSI is badly directed. Supports and resistances: 1.4120… Read more

GBP/USD Intraday: rebound. Pivot: 1.3842 Our preference: long positions above 1.3842 with targets @ 1.3950 & 1.3990 in extension. Alternative scenario: below 1.3842 look for further downside with 1.3765 & 1.3700 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 1.4044 ***… Read more

GBP/USD Intraday: under pressure. Pivot: 1.3950 Our preference: short positions below 1.3950 with targets @ 1.3823 & 1.3765 in extension. Alternative scenario: above 1.3950 look for further upside with 1.3990 & 1.4030 as targets. Comment: the RSI is mixed to bearish. Supports and resistances: 1.4030… Read more

GBP/USD Intraday: range. Pivot: 1.3875 Our preference: long positions above 1.3875 with targets @ 1.3995 & 1.4050 in extension. Alternative scenario: below 1.3875 look for further downside with 1.3820 & 1.3750 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 1.4120 ** 1.4050… Read more