GBP/USD outlook

Note: This section contains information in English only.
Source: Dukascopy Bank SA
FX pair continued to decline closing 1.39000.

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.

Daily chart


Traders are long
Majority of traders expect a bullishness of the FX pair, driven by weak dollar.




Actual Topics

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