GBP/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On the 1-hour GBP/USD chart, price action is currently consolidating at 1.33795 after bouncing off key horizontal support near 1.33500, which aligns with the lower boundary of a descending corrective channel formed after a rally to 1.35500. The immediate bias remains neutral-to-bearish while held within the channel, but a sustained push above immediate horizontal resistance at 1.34000 could propel price toward major resistance at 1.34500, whereas a breakdown below 1.33500 would open the path toward 1.33000.





Actual Topics

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.