Technical analytics

GBPUSD

Sellers were able to push the pound to the lower limit of the ascending channel where the major found fresh bids.

GBPUSD

The sentiment is firmly bullish towards the pound. 

GBPUSD

The price failed to advance beyond 1.3950 and pulled back.

GBPUSD

The bullish market structure remained in place on Friday. 

GBPUSD

Sellers remained in the driver's seat and moved the pound from 1.3850 in the night.

GBPUSD

Sellers returned control on Wednesday and moved the pound to the 1.3750 region. 

GBPUSD

The US dollar recovery move stalled at 1.3750 where the pound ran through fresh bids which helped the major the reverse all its fresh losses. 

GBPUSD

The pound extended its buying bias and reached the 1.3800 region. 

GBPUSD

The US dollar is trading on a soft note vs. its UK counterpart. 

GBPUSD

The pound caught an upside momentum on Friday, which lifted the major to the 1.3600 area first.