GBP/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The GBP/USD hourly chart exhibits a dominant bearish trend characterized by a well-defined descending channel and price action sustained below the downward-sloping 60-period SMA. The pair is currently pressuring the psychological 1.3500 level; a decisive break below this support, and the immediate horizontal floor at 1.34952, suggests a continuation toward the next major structural target at 1.34330. Conversely, any upside remains capped by dynamic resistance at the SMA and the upper channel boundary near 1.35150, meaning the technical outlook remains firmly negative until the price can establish a higher high above these descending constraints.



Back to articles

Actual Topics

Wed, 13 May 2026 07:41:54 GMT

EUR/USD 4H Technical Outlook: Range-Bound Consolidation

EUR/USD chart shows a neutral consolidation phase as the price oscillates tightly around the 36-period SMA, indicating a temporary loss of directional momentum. Currently trading just below the 1.17544 resistance, the pair is trapped in a horizontal range between the 1.16615 support floor and the 1.18472 ceiling. Until a decisive breakout occurs beyond these boundaries, the outlook remains sideways, though

Tue, 12 May 2026 10:22:25 GMT

EUR/USD Technical Analysis: Range-Bound Consolidation Near Key Support

The EUR/USD pair is currently locked in a horizontal trading range on the 30-minute timeframe, oscillating between a sturdy resistance ceiling at 1.17900 and a critical support floor at 1.17400. Following a triple-top rejection at the upper boundary, price action has retreated to the current level of 1.17457, where it is testing the strength of the channel's baseline. A confirmed

To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.