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GBPUSD Analysis: 78.6% fib stops rally...for now [Video]

The outlook for this major pair is highly constructive, with the market going through a major structural shift in 2017 that has signalled a longer term bottom. But even uptrends go through corrections, and after rocketing in 2018, the market should be more inclined to look for a higher low before materially extending gains.

In this analysis, we take a look at GBPUSD each day, highlighting all of the need to knows for anyone looking to extract up to date information on major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding Sterling (Pounds) or US Dollars, looking for an idea of where they may want to consider making that next conversion.

The GBPUSD update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.

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LMAX Group Research Desk

LMAX Group is a dynamic, visionary and award-winning financial technology company.

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