GBP/USD Technical Analysis

The pair is headed up.

Technical Analysis
11 sept 2018
GBP/USD Technical Analysis

After the macroeconomic indicators published in the United Kingdom, the pound appreciated and rose above 1.3150. Furthermore, some aspects of the recent negotiations on Brexit had an impact on the rate of the British currency.

As for the dollar index, it showed a decline from yesterday's trading session and approached the 95.05 mark, so we watched the pair rise on the last candles.

At the moment on the chart we see rising peaks and it is possible that a long-term uptrend might form. However, we believe that at the moment the formation of a reversal model is underway. Volatility in the pair is quite high judging by the last candle and at this point a reversal is possible, as the pair could not overcome the 1.3050 mark.

Therefore, we advise you to look for points to enter the market, depending on the formation of the next candle, and also to receive a signal from technical indicators. The RSI is pinned to the upper boundary and we expect either an intersection or a reversal from the current level.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

The pair will remain bearish today, so we should sell it.

SuperForex
10 sept 2018
EUR/GBP Technical Analysis & Daily Chart

Technical Analysis

EUR/GBP Technical Analysis & Daily Chart

Despite the mixed signals, we can buy the pair today.

SuperForex
06 sept 2018
GBP/USD Technical Analysis

Technical Analysis

GBP/USD Technical Analysis

The pair is searching for a resistance level.

SuperForex
06 sept 2018