Tag Archives: sterling

Sterling fell for a second session after failing to hold above the 1.3200 psychological level, shifting near-term momentum negative. Technical outlook RSI: Still printing negative signals despite oversold readings—consistent with a dominant downtrend. 50-SMA (4H): Price is holding above the moving average, offering some underlying support—hence the mixed picture. Trade …

After four straight up sessions, the pair slipped, printing a 1.3117 low. Technical outlook RSI: Still sending negative signals. 50-SMA (4H): Price is holding above it, preserving some underlying support—hence the mixed read. Trade map (wait for confirmation) Bearish trigger: A decisive break/4H close below 1.3105 would likely extend losses …

The pair attempted to claw back recent losses, but the recovery remains fragile. Technical outlook RSI: Overbought resets are fading, with the indicator still sending negative signals. 50-SMA (4H): Capped the bounce near 1.3165, reinforcing overhead resistance. Structure: Ongoing stability below 1.3175 keeps the bearish bias intact. Base case (bearish …

Sterling continues to grind lower in line with our bearish view, edging toward the 1.3100 target (last at 1.3108). Technical outlook Momentum: RSI has exited oversold but remains negative, consistent with bearish control. Trend/SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Ongoing …

Sterling extended its downtrend into last week’s close, meeting the 1.3105 target and printing a 1.3097 low. Technical outlook RSI: Back out of oversold but still sending negative momentum signals—consistent with bearish control. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Ongoing …

The pair logged heavy losses in the prior session, printing a 1.3117 low. Technical outlook RSI: Remains negative in the short term despite oversold readings—consistent with downside risk. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Stability below 1.3210 keeps the bearish …

Cable staged a strong early-week rebound after defending 1.3300. However, momentum is stalling beneath nearby resistance. Technical picture RSI (H4) is edging into overbought territory and rolling over, a cautionary sign of waning upside momentum. Price action remains capped below 1.3380–1.3390, tempering the rebound and keeping risk of a pullback …

GBP/USD has been range-to-lower, fulfilling the 1.3360 target within the anticipated bearish trajectory. Technical:RSI continues to emit short-term negative signals. Intraday price action remains below the 1.3400 psychological barrier, keeping topside attempts constrained and preserving downside pressure. Base case (downside continuation):Bias stays lower while below 1.3400. A decisive break below …

GBP/USD remains under bearish control after slipping through the 1.3400 pivot, trading near 1.3387 at the time of writing as sellers press the downside. Technical:The RSI has turned lower, confirming firm negative momentum on the 4-hour chart. Intraday stability below 1.3400 keeps the pressure skewed to the downside and limits …

GBP/USD has turned positive intraday after a brief hold above 1.3400 (psychological support), but the recovery looks fragile into nearby resistance. Technical:RSI is hovering near overbought, hinting at fading momentum. The 50-period SMA sits near 1.3450, acting as overhead resistance and reinforcing a cautious tone on the 4-hour chart. Base …