• 781 days Will The ECB Continue To Hike Rates?
  • 781 days Forbes: Aramco Remains Largest Company In The Middle East
  • 783 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,182 days Could Crypto Overtake Traditional Investment?
  • 1,187 days Americans Still Quitting Jobs At Record Pace
  • 1,189 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,192 days Is The Dollar Too Strong?
  • 1,193 days Big Tech Disappoints Investors on Earnings Calls
  • 1,193 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,195 days China Is Quietly Trying To Distance Itself From Russia
  • 1,195 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,199 days Crypto Investors Won Big In 2021
  • 1,200 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,200 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,203 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,203 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,206 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,207 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,207 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,209 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 - Pushing Lower

GBP/USD has erased the rising trend-line and is now heading toward the hourly support at 1.5626 (17/06/2015 low). Hourly resistance is given at 1.5930 (18/06/2015 high).

In the longer term, the technical structure looks like a recovery bottom whose maximum upside potential is given by the strong resistance at 1.6189 (Fibo 61% entrancement).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment