OctaFX | OctaFX Forex Broker
登录
开通账户
Back

GBP/USD middle of range, bearish bias

FXStreet (Guatemala) - GBP/USD is trading at 1.6849, down -0.22% on the day, having posted a daily high at 1.6888 and low at 1.6822.

GBP/USD was trading with a bearish bias as we witnessed further poorer UK data in London. Valeria Bednarik, chief analyst at FXStreet explained that in the 4 hours chart, technical readings stand flat in neutral territory, lacking clear direction as per having traded in range for already a week. “Despite the BOE will meet on Thursday, expectations are of a no change there, and therefore to have little influence in Pound”.

GBP/USD Levels

Current price is 1.6848, with resistance ahead at 1.6850 (Hourly 20 EMA), 1.6856 (Hourly 100 SMA), 1.6865 (Daily 100 SMA) 1.6874 (Daily Classic PP) and 1.6895. Next support to the downside can be found at 1.6829 (Daily Classic S2), 1.6800, 1.6770 and 1.6730.

Dollar volatility a big mistake - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted the conditions around the European and US FX space today
了解更多 Previous

EUR/JPY rebounds from 8-month lows to 136.60

The EUR/JPY tumbled during the American session to 136.14, hitting a fresh 8-month low as the Yen surged across the board.
了解更多 Next
开始在线聊天