The GBP/USD pair is showing a short-term upward move as it attempts to recover losses from previous sessions, currently stabilizing above the 1.3700 level. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive position, providing positive momentum and encouraging intraday upside attempts. The Relative Strength …
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The GBP/USD pair is showing a short-term recovery, with upward price action attempting to offset losses from previous sessions. Technical Outlook – 4-Hour Chart Simple moving averages have shifted into a supportive role, providing positive momentum and encouraging intraday upside attempts. The Relative Strength Index (RSI) is also trying to …
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A short-term bullish bias has returned to the GBP/USD pair after it successfully worked off overbought conditions, allowing price action to stabilize and recover. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, providing positive momentum and reinforcing the potential for further upside during …
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The GBP/USD pair continued to trade under bearish pressure in line with our previous outlook, reaching the 1.3370 target and posting a low at 1.3363, confirming the persistence of selling momentum. Technical Outlook – 4-Hour Chart Simple moving averages remain positioned above price action, acting as dynamic resistance and maintaining …
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The GBP/USD pair has shifted into negative territory after topping near the 1.3500 area in the previous session, signaling a loss of bullish momentum. Technical Outlook – 4-Hour Chart Price has slipped back below the simple moving averages, which are now acting as dynamic resistance. This technical shift is reinforced …
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The GBP/USD pair trended positively during the previous trading session, reaching a high of 1.3485. Technical Outlook – 4-Hour Timeframe: The price is holding above the 50-day simple moving average, and the Relative Strength Index (RSI) is returning to positive signals on shorter timeframes. As long as daily trading holds …
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The GBP/USD pair posted positive performance during the previous trading session, reaching a high of 1.3428. Technical Outlook – 4-Hour Timeframe: Price action remains above the 50-day simple moving average, while the Relative Strength Index (RSI) is gradually returning to positive territory on shorter timeframes, supporting the recovery attempt. As …
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The GBP/USD pair attempted to move higher at the start of the week, reaching a peak near 1.3428 before facing resistance. Technical Outlook – 4-Hour Timeframe: The pair was rejected from this level, triggering a short-term bearish correction. The Relative Strength Index (RSI) has started to generate negative signals on …
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An upward trend dominated the GBP/USD pair at the end of last week’s trading, reaching a high of 1.3363. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, supporting ongoing upward attempts. This is reinforced by positive divergence signals on the Relative Strength Index (RSI), along …
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The British pound (GBP/USD) recorded a notable surge, posting strong gains yesterday near 1.3390. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, reinforcing the ongoing upward movement, supported further by positive divergence signals on the Relative Strength Index (RSI). As long as daily trading holds …
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