Technical analytics

GBP/USD

GBPUSD

The pound recovered to the upper limit of the sideways range where the EMA100 lies. The major touched the line and pulled back, being unable to continue its growth. The resistance lies at 1.3900, the support comes in at 1.3800.

We are still negative despite buyers’ attempts to continue their advance. We expect a return to the 1.3800 handle now.

New articles