Technical analytics

GBPUSD

The pound remained in the upward channel on Thursday. A fresh buying interest emerged in the mid-European session and helped the major to overcome 1.2900. 

GBPUSD

The selling pressure significantly increased yesterday. Sellers were able to move the pound out of the ascending channel. 

GBPUSD

The bullish market structure remained in place on Monday.

GBPUSD

The pound was stronger than the US dollar on Friday.

GBPUSD

The demand for the pound remained unabated on Thursday. 

GBPUSD

The pound remained well bid yesterday.

GBPUSD

The pound failed to build a recovery beyond the level 1.2800. 

GBPUSD

Despite the US dollar weakness the pound did not show significant progress. 

GBPUSD

The US dollar remained in the red despite the positive Fundamental issues. 

GBPUSD

A bid tone prevailed yesterday.