• 1 day America's Semiconductor Shortage Is Just Getting Started
  • 1 day America's Semiconductor Shortage Is Just Getting Started
  • 4 days The EU Begins Backtracking On China Trade
  • 5 days Americans Are Sick Of Unfair Taxation
  • 7 days No Jab, No Job: The New Hardline Policy of U.S. Employers
  • 9 days What’s Included In Biden’s $6 Trillion Economic Plan?
  • 10 days The “Great Car Comeback” Brightens Oil Demand Outlook
  • 11 days The 3 Most Profitable Covid-19 Vaccine Stocks
  • 13 days Beijing Launches Digital Currency To Break AliPay-WeChat Duopoly
  • 14 days The New Economic World Order After Covid-19
  • 18 days 3 Signals To Watch For A Stock Market Correction
  • 20 days Netflix Earnings Red Alert: Subscriptions Could Underwhelm
  • 21 days Wall Street Banks Are Back
  • 21 days Elon Musk’s SpaceX Scores Big Win Over Jeff Bezos’ Blue Origin
  • 22 days Which Country Is The World’s Largest Investor In Batteries?
  • 24 days Are Bitcoin’s Environmental Risks Overblown?
  • 24 days Why The Gold Rush Ran Out Of Steam
  • 27 days Coinbase IPO Explodes, But Fails To Keep Its Momentum
  • 27 days China Slaps Alibaba With Record $2.75B Antitrust Fine
  • 28 days The Pandemic Has Culled The Middle Class
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

Contact Author

  1. Home
  2. Markets
  3. Other

GBP/USD - Failed to Break 1.5500

GBP/USD remains in a range between support at 1.5078 (05/05/2015 low) and resistance at 1.5659 (18/09/2015 high). A long as prices remain in this range, there is no clear mid-term momentum.

In the longer term, the technical structure looks like a recovery as long as support given at 1.5089 stands. A full retracement of the 2013-2014 rise is expected.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment