Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
GBP/USD failed at resistance

GBP/USD failed at resistance

Information is not investment advice

GBP/USD got once again rejected down from 1.2760. The 50-day MA is having a bearish bias and creating further resistance at 1.28. On H4, we see that support is provided b the 50-period MA at 1.2650. The decline below this level will confirm a temporary top and open the way down to 1.26. 

Resistance lines in the 1.2715/25 area. Only above these levels GBP/USD may once again try to retest this week’s highs. 

The pair will be affected on the intraday basis by British Inflation Report hearings and US durable goods orders.

GBPUSD H4.png

Similar

Popular

Choose your payment system

Learn more