British Pound - US Dollar (GBP/USD) analysis

Our strategy

Weekly Daily Hourly
Resistances 1.663 1.661 1.6595
Supports 1.6515 1.654 1.6565

Hourly

▲ Buy GBPUSD at 1.6580 stop 1.656 targets 1.661 and 1.6635

GBPUSD exited the downtrend and consolidates above the former resistance.

Weekly

GBPUSD hit the support at 1.6560. We can expct a short term bounce on this level

GBPUSD broke several supports and is on the lower Bollinger band. The price should consolidate on the level.

Monthly

GBPUSD hit a strong resistance at 1.7100

GBPUSD finally broke 1.7050 last month and made a higher high this month

GBPUSD we ar below a very strong resistance at 1.7050. It won't break easily

Subscribe to our alerts

Receive free alerts by email when technical analysis are updated.

Warning: Our advice is only informative, they only reflects our vision of the market. They are based on our experience on forex, we can not hold the truth. You are responsible for the use of such boards.

Currency index

Forex Volatility

Forex correlation

weekly

daily

15 min

Pivot points

 standardwoodiecamarillafibonaccidemark
R31.66561.66541.65981.6635 
R21.66351.66341.65931.6617 
R11.6611.66081.65891.66061.6622
Pivot1.65891.65881.65891.65891.6595
S11.65641.65621.65811.65711.6576
S21.65421.65411.65761.656 
S31.65171.65151.65721.6542 

Carry Trade

0.50% 0.25%

GBP/USD: 0.25%

Economic calendar

August 29
6:00 Nationwide House PX MoM
6:00 Nationwide House Px NSA
11:56
12:30 Personal Consumption Expenditure Core
   Personal Spending
   Personal Income
   Personal Consumption Expenditure Deflator
13:00 NAPM-Milwaukee
13:45 Chicago Purchasing Manager
13:55 U. of Michigan Confidence