GBP/USD: main trend still bullish

GBP/USD: main trend still bullish


The main trend is still bullish, so the last high is likely going to be broken soon. The main intraday target is the next resistance at 1.3612 - 1.3656. If a pullback from these levels happens little later on, bears will probably try to test the closest support at 1.3569 - 1.3549.


All the Moving Averages have been broken, so the price is rising. It seems like bulls are going to reach the next resistance at 1.3612 - 1.3656 in the coming hours. However, if a pullback from this area is on the table, we could have a correction in the direction of the nearest support at 1.3584 - 1.3549.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera