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Action Insight: GBPUSD Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 30 15 13:24 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5465 minor support holds. Above 1.5689 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
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GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 30 15 07:43 GMT
Despite breaching 1.5674 to 1.5689, GBP/USD quickly lost momentum and retreated. Intraday bias remains neutral first. Another rise is mildly in favor 1.5465 minor support holds. Above 1.5689 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
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GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 29 15 13:19 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 29 15 05:22 GMT
Intraday bias in GBP/USD remains neutral first. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 28 15 13:22 GMT
GBP/USD recovers today but stays below 1.5674 temporary top. Intraday bias remains neutral first. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 28 15 05:43 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 27 15 13:34 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 27 15 05:12 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Weekly Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 25 15 13:25 GMT
GBP/USD weakened mildly last week but stayed above 1.5450 minor support. Initial bias is neutral this week first. Another rise is mildly in favor 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Jul 24 15 12:38 GMT
Intraday bias in GBP/USD remains neutral for the moment. Another rise is in favor as long as 1.5450 minor support holds. Above 1.5674 will target 1.5929 resistance and break will extend the larger rise to 61.8% retracement of 1.7190 to 1.4565 at 1.6187. On the downside, below 1.5450 minor support will turn focus back to 1.5169 support instead.
Read more...
 
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