The GBPUSD attempted to push higher yesterday, slipped back above 1.3480 former support but whipsawed to the downside and closed lower at 1.3428, printed a bearish pin bar as you can see on my daily chart below. The bias is bearish in nearest term testing 1.3330 region.
Immediate resistance is seen around 1.3450. A clear break back above that area could lead price to neutral zone in nearest term retesting 1.3480 region but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The GBPUSD had a bearish momentum yesterday bottomed at 1.3305. The bearish pin bar formation printed after retesting a broken support (1.3480) gave us a valid bearish signal. The bias remains bearish in nearest term testing 1.3250 region.
Immediate resistance is seen around 1.3400. A clear break above that area could lead price to neutral zone in nearest term testing 1.3450/80 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The GBPUSD attempted to push higher yesterday topped at 1.3421 but closed lower at 1.3378 and hit 1.3361 earlier today in Asian session. The bias is bearish in nearest term retesting 1.3305. A clear break below that area could trigger further bearish pressure testing 1.3250 or lower.
Immediate resistance is seen around 1.3400. A clear break above that area could lead price to neutral zone in nearest term testing 1.3450/80 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The GBPUSD continued its bearish momentum last week as expected, bottomed at 1.3294. The bias remains bearish in nearest term testing 1.3220 – 1.3150 support area.
Immediate resistance is seen around 1.3365. A clear break above that area could lead price to neutral zone in nearest term testing 1.3420 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.3220 – 1.3150 region would expose 1.3000 psychological level this week.
The GBPUSD didn’t make significant movement yesterday but overall still maintain its bearish bias. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.3220 – 1.3150 region.
Immediate resistance remains around 1.3365. A clear break above that area could lead price to neutral zone in nearest term testing 1.3420 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.3220 – 1.3150 region would expose 1.3000 psychological level this week.
The GBPUSD continued its bearish momentum yesterday as I had expected, bottomed at 1.3204. The bias remains bearish in nearest term testing 1.3150 area.
Immediate resistance is seen around 1.3285. A clear break above that area could lead price to neutral zone in nearest term testing 1.3350 region but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.3150 would expose 1.3000 psychological level this week.
The GBPUSD attempted to push higher yesterday topped at 1.3348 but closed lower at 1.3293 and hit 1.3253 earlier today in Asian session. As you can see on my H1 chart below, price failed to break above the EMA 200 and broke below the trend line support, suggests a bearish view. The bias is bearish in nearest term testing 1.3200 – 1.3150 region.
Immediate resistance is seen around 1.3305. A clear break back above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The GBPUSD had a strong bullish correction last week topped at 1.3362 and hit 1.3377 earlier today in Asian session. Price moves back above EMA 200 and a valid trend line support has been printed as you can see on my H1 chart below. My major bearish outlook remains intact, but need a clear break at least below 1.3305 to invalidate the current bullish correction phase. The bias is bullish in nearest term testing 1.3380 – 1.3420/50 area.
Immediate support is seen around 1.3340. A clear break below that area could lead price to neutral zone in nearest term testing 1.3305 and the trend line support area.
GBPUSD meneruskan momentum kenaikan pada minggu lepas mencecah 1.3042 tetapi ditutup lebih rendah pada 1.2958. Terjadinya gap harga dengan lebih rendah pagi tadi, dibuka pada 1.2911. Seperti yang anda lihat pada carta H4 saya, harga kini didagangkan sekitar kawasan support 1.2920 dan juga garisan trend support, merupakan tempat yang baik untuk membeli dengan stop loss ketat kerana jika harga break dibawah 1.2920 ia akan membatalkan senario kenaikan dan terus memasuki kawasan channel penurunan. Resistance dilihat disekitar 1.2975. Break yang jelas dan penutupan harian diatas kawasan tersebut akan mengekalkan fasa kenaikan dan mencuba kawasan 1.3050 – 1.3100.
GBPUSD mempunyai momentum penurunan semalam sehingga 1.2855. Harga telah menembusi garisan trend support dan kini kembali dalam channel penurunan seperti yang anda lihat pada carta H4 saya yang menunjukkan keadaan menurun. Bias adalah penurunan dalam jangka terdekat mencuba kawasan 1.2800. Resistance dilihat disekitar kawasan 1.2920. Break yang jelas diatas kawasan tersebut akan membawa harga ke zon neutral dalam jangka terdekat kerana arah menjadi tidak jelas mencuba kawasan 1.2975.
