GBPUSD price finally broke out of its intraday consolidative trading range and spiked to fresh session tops, around the 1.3025-30 region in the last hour.
The British pound’s bullish momentum took a pause during yesterday’s session as doubts and uncertainty over Brexit developments resurface.
In this GBPUSD technical outlook, the pair struggled to capitalize on the Asian session bounce and dropped to fresh one-week lows, below mid-1.3100s in the last hour.
Despite the latest upsurge, Cable remains weighed down by the uncertainty over the Brexit deal. Explore our engaging 17 January GBPUSD Technical Forecast as it reveals more.
Sterling has gained traction in the wake of Theresa May’s acknowledgment that a Brexit transition deal was in the works. The 6 March GBPUSD Intraday Technical Analysis shares more details on how the pair trades.
As GBPUSD pair awaits a fresh impetus, It makes you wonder: Will it regain 1.3950 on from the upcoming UK retail sales release due at 0930 GMT? Study the 19 January GBPUSD Technical Analysis to find out.
The British pound has corrected lower against the U.S dollar during the European trading session. Around what pivotal level is the pair currently consolidating? Learn that from the 25 January GBPUSD Intraday Technical Outlook.
The British pound scored huge gains against the dollar last week. Examine the 29 January GBPUSD Intraday Technical Outlook to see how the pair trade currently.
Another leadership crisis has weighed down the British Pound. How does the GBPJPY pair trade currently? Let's take a look at the 30 January GBPJPY Technical Analysis.