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GBPUSD - GBP/USD Daily Forecast – Sterling Extends Gains Despite Stronger Dollar
GBPUSD Hourly Chart There is a level marked off on the above chart at 1.2153 which comes from a daily chart. Price has been trading around it and I see this more of a bull/bear line for a broader time ...
What to Watch: Oil rises, Poundland and British Steel deals, LSE outage
Sterling continued its gains from Thursday when it rose above $1.21 for the first time in August. It was up 0.51% against the dollar (GBPUSD=X) on Friday, to around $1.214, and up 0.72% against the ...
GBP/USD Price Action Shrugs Off No-Deal Brexit Threats
Retail traders are 76.8% net-long GBPUSD according to the latestIG Client Sentiment Data , a bearish contrarian indicator. However recent daily and weekly positional changes give us a bullish ...
GBPUSD Buyers Still Have Work to Do
A few days ago I wrote about the GBPUSD. The pair was challenging the 1.2100 (new) resistance area after falling below it on August 9th. I also wrote about descending channel support at 1.2000 in ...
GBPUSD retests swing highs from earlier this week (and NY session lows)
The GBPUSD is back down testing a swing area which before today was home to swing highs for Monday, Tuesday and Wednesday. Earlier in the NY session the area was tested and held. We are back down ...