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[helenjgaston]

April 6, 2021 : GBP/USD Intraday technical analysis and trade recommendations.

In February, the GBPUSD pair looked overbought while consolidating sideways around the price-levels of 1.3700. Sideway movement with slight bullish tendency was demonstrated while approaching these price levels around 1.3700-1.3750. Thats’s why, Bearish pullback was expressed. However, the GBP/USD pair has failed to maintain sufficient bearish momentum. Strong bullish movement was expressed,…

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[forexbeginnersworld]

December 22, 2020 : GBP/USD Intraday technical analysis and trade recommendations.

In December, the price levels of (1.3380-1.3400) have prevented further bullish movement for the past few weeks. Bearish target was targeted around 1.3300. However, the pair has failed to pursue towards lower targets. Instead, a bullish spike was expressed towards 1.3480-1.3500 where the upper limit of the depicted movement channel has previously provided temporary bearish pressure on the…

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[helenjgaston]

November 24, 2020 : GBP/USD Intraday technical analysis and trade recommendations.

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In July, the GBP/USD pair has expressed an Ascending Flag Pattern above the price level of 1.2780.

Shortly after, bullish persistence above the price zone of 1.3300 was achieved. This was supposed to allow bullish pullback to pursue towards 1.3400 as a final projection target for the suggested pattern.

However, the GBP/USD pair failed to do so. Instead, another bearish movement was…

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[forexbeginnersworld]

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