• 517 days Will The ECB Continue To Hike Rates?
  • 517 days Forbes: Aramco Remains Largest Company In The Middle East
  • 519 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 919 days Could Crypto Overtake Traditional Investment?
  • 923 days Americans Still Quitting Jobs At Record Pace
  • 925 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 928 days Is The Dollar Too Strong?
  • 929 days Big Tech Disappoints Investors on Earnings Calls
  • 930 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 931 days China Is Quietly Trying To Distance Itself From Russia
  • 932 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 935 days Crypto Investors Won Big In 2021
  • 936 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 937 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 939 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 939 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 942 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 943 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 943 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 945 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

GBP/USD - Making Fresh Multi-Year Lows

GBP/USD has broken the support at 1.4635, confirming increasing selling pressures. A psychological support lies at 1.4500. Hourly resistances can be found at 1.4669 (intraday high) and 1.4725 (10/04/2015 high).

In the longer-term, the break of the strong support at 1.4814 opens the way for further medium-term weakness towards the strong support at 1.4231 (20/05/2010 low). Another strong support stands at 1.3503 (23/01/2009 low). A key resistance can be found at 1.5552 (26/02/2015 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment