Pound Sterling Price News and Forecast: GBP/USD: Bulls moving in on the bear's break of 1.2090 structure

GBP/USD Price Aanalysis: Bulls moving in on the bear's break of 1.2090 structure

GBP/USD bulls moved in on Tuesday and are setting the foundations for a bullish correction of the recent slide from the 1.23s at the start of February. The following illustrates the bullish bias for the day ahead. Read More...

GBP/USD breaks to the upside, eyes 1.2050s

GBP/USD is breaking 1.20 the figure and the bulls eye 1.2050 for the sessions ahead. Cable has done 80% of the daily ATR of 122 so far and has travelled between a low of 1.1960 and 1.2057 on Tuesday. Read More...

GBP/USD drops to fresh one-month low, eyes 200-day SMA around mid-1.1900s

The GBP/USD pair attracts fresh sellers following an intraday uptick to the 1.2055 area and turns lower for the fourth successive day on Tuesday. Spot prices drop to a fresh one-month low heading into the North American session, with bears now eyeing a challenge to the technically significant 200-day SMA near mid-1.1900s. Read More...

 

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