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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 | May 24 16 12:58 GMT
GBP/USD rebounds strongly today but stays in range of 1.4331/4769. Intraday bias remains neutral first. Near term outlook is a bit mixed as the pair is staying well inside near term channel but fails to break through long term trend line resistance yet. Break of 1.4769, though, will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
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GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 24 16 03:20 GMT
Intraday bias in GBP/USD is remains neutral for the moment. Near term outlook is a bit mixed as the pair is staying well inside near term channel but fails to break through long term trend line resistance yet. Break of 1.4769, though, will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 23 16 12:03 GMT
Intraday bias in GBP/USD is remains neutral for the moment. Near term outlook is a bit mixed as the pair is staying well inside near term channel but fails to break through long term trend line resistance yet. Break of 1.4769, though, will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 23 16 03:14 GMT
Intraday bias in GBP/USD is turned neutral for the moment. Near term outlook is a bit mixed as the pair is staying week in side near term channel but fails to break through long term trend line resistance yet. Break of 1.4769, though, will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 20 16 05:06 GMT
Intraday bias in GBP/USD remains mildly on the upside for 1.4769 resistance first. Break will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 19 16 13:14 GMT
Intraday bias in GBP/USD remains mildly on the upside for 1.4769 resistance first. Break will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 19 16 04:43 GMT
Intraday bias in GBP/USD remains mildly on the upside for 1.4769 resistance first. Break will extend the rebound from 1.3835 and target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 18 16 13:03 GMT
GBP/USD's break of 1.4529 minor resistance suggests that pull back from 1.4769 has completed. And rebound from 1.3835 is resuming. intraday bias is back to the upside for retesting 1.4769 resistance first. Break will target medium term fibonacci level at 1.5117. On the downside, below 1.4331 will extend the fall from 1.4769 to 1.4089 support first.
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GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 18 16 04:00 GMT
Intraday bias in GBP/USD remains neutral for the moment. Break of 1.4529 minor resistance will suggest that pull back from 1.4769 has completed and rebound from 1.3835 might resume. In such case, bias will be turned back to the upside for 1.4768 first. Below 1.4331 will target 1.4089 support first. Break will pave the way for retesting 1.3835 low.
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GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | May 17 16 13:02 GMT
Intraday bias in GBP/USD remains neutral for the moment. Break of 1.4529 minor resistance will suggest that pull back from 1.4769 has completed and rebound from 1.3835 might resume. In such case, bias will be turned back to the upside for 1.4768 first. Below 1.4331 will target 1.4089 support first. Break will pave the way for retesting 1.3835 low.
Read more...
 
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