ActionForex.com
Nov 29 04:54 GMT

Sponsors

Forex Expos

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 | Nov 28 14 14:12 GMT
Intraday bias in GBP/USD remains neutral for the moment. Corrective recovery from 1.5589 short term bottom might extend to 55 days EMA (now at 1.6004). But we'd expect strong resistance from 38.2% retracement of 1.7190 to 1.5589 at 1.6201 to limit upside. Break of 1.5589 will extend the decline from 1.7190.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 28 14 04:13 GMT
Intraday bias in GBP/USD remains neutral for the moment. Corrective recovery from 1.5589 short term bottom might extend to 55 days EMA (now at 1.6004). But we'd expect strong resistance from 38.2% retracement of 1.7190 to 1.5589 at 1.6201 to limit upside. Break of 1.5589 will extend the decline from 1.7190.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 27 14 09:19 GMT
A short term bottom is likely formed at 1.5589 on bullish convergence condition in daily MACD. Further recovery would be seen to 55 days EMA (now at 1.6025). But we'd expect strong resistance from 38.2% retracement of 1.7190 to 1.5589 at 1.6201 to limit upside. Break of 1.5589 will extend the decline from 1.7190.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 26 14 14:35 GMT
GBP/USD recovers to as high as 1.5805 so far today and the break of 1.5789 minor resistance indicates near term bottoming, on bullish convergence condition in daily MACD. Intraday bias is back on the upside as recovery from 1.5589 might extend higher to correct the decline from 1.7190. Current rebound might extend to 55 days EMA (now at 1.6034) but we'd expect strong resistance from 38.2% retracement of 1.7190 to 1.5589 at 1.6201 to limit upside.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 26 14 04:41 GMT
GBP/USD continues to stay in sideway consolidation above 1.5589 temporary low and intraday bias remains neutral. With 1.5789 resistance intact, deeper decline is still expected in the pair. Below 1.5589 will extend the fall from 1.7190 to 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 25 14 14:01 GMT
With 1.5789 resistance intact, deeper decline is still expected in the pair. Current fall from 1.7190 should target 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 25 14 02:36 GMT
With 1.5789 resistance intact, deeper decline is still expected in the pair. Current fall from 1.7190 should target 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
GBP/USD Mid-Day Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 24 14 12:49 GMT
With 1.5789 resistance intact, deeper decline is still expected in the pair. Current fall from 1.7190 should target 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
GBP/USD Daily Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 24 14 03:25 GMT
With 1.5789 resistance intact, deeper decline is still expected in the pair. Current fall from 1.7190 should target 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
GBP/USD Weekly Outlook Print E-mail
GBPUSD Outlook | Written by ActionForex.com | Nov 22 14 04:16 GMT
GBP/USD lost much downside momentum last week and turned into sideway trading. But with 1.5789 resistance intact, deeper decline is still expected in the pair. Current fall from 1.7190 should target 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384 next. Nonetheless, break of 1.5789 will indicate short term bottoming and bring stronger rebound back to 1.5944 and above.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 107

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2014 All rights reserved.