Economic Calendar
Weaker dollar may provide higher volatility levels in the near term.
GBP/USD hourly chart analysis
The current short-term environment may imply further bearishness if the 1.33600 support level is broken. Rejection of this support level could create directional significance in the short term, potentially testing the 1.3600 resistance level.
Hourly Chart
GBP/USD daily candle chart analysis
The current short-term environment may imply further bearishness if the 1.33600 support level is broken. Rejection of this support level could create directional significance in the short term, potentially testing the 1.3600 resistance level.Read More: Technical Analysis
Traders are long
Majority of traders expect a bullishness of the FX pair, driven by weak dollar.