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Dec 4, 2014 · GBPUSD – Our retail FX trader positions shows crowds have remained consistently long the British Pound versus the USD since it traded near $1.70. Steady sentiment favors calls for further weakness.
- British Pound Technical Price Outlook: GBP/USD Weekly Trade Levels
- British Pound Price Chart - GBP/USD Weekly
- British Pound Trader Sentiment - GBP/USD Price Chart
Weekly resistance 1.11, 1.1290s, 1.1414/80 (key) – Support 1.0640, 1.0520, 1.0350s, parityChart Prepared by Michael Boutros, Technical Strategist; GBP/USD on Tradingview Notes: In my last British Pound Weekly Technical Forecast we noted that GBP/USD was approaching a, “key support pivot at the 2020 / 1984 lows at 1.1414/80- looking for possible price inflection off this zone in the days ahead. A break / close below this threshold would ...
A summary of IG Client Sentiment shows traders are net-long GBP/USD - the ratio stands at +1.99 (66.57% of traders are long) – typically bearishreadingLong positions are 5.27% lower than yesterday and 9.73% lower from last weekShort positions are 2.77% lower than yesterday and 87.18% higher from last weekWe typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBP/USD prices may continue to fall. Yet traders are less net-long than yesterday and compared wit...- Michael Boutros
- Former Strategist
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Aug 29, 2022 · The British pound has weakened relentlessly against the U.S. dollar in 2022, down more than 13% since the start of the year. Early Monday in thin trading due to the bank holiday in the United ...
Oct 15, 2022 · Mar 22, 2024 British Pound Weekly Forecast – GBP, Gilt Yields Slide, FTSE 100 Rallies Further Mar 22, 2024 FTSE 100 Surge Pauses while DAX 40, S&P 500 Consolidate Below Record Highs Free Guide
- Michael Boutros
- Former Strategist
Apr 6, 2024 · British Pound defends key technical support near 2024 range lows. GBP/USD April opening-range now set just above support- breakout pending. Sterling resistance 1.2773-1.2816, 1.2906 (key), 1.3091– Support 1.2566/78, 1.2364/97, 1.2084-1.2113. The British Pound held support for a second week with GBP/USD carving the April opening-range just ...
Feb 26, 2024 · The Pound Sterling (GBP) booked the first weekly gain against the US Dollar (USD), snapping a five-week bearish momentum. ... GBP/USD staged a comeback from weekly lows to hit a fresh three-week ...
Sep 26, 2022 · Britain's pound plunged to record lows on Monday and bonds were slammed for a second day, as investors punished UK assets after the government's mini-budget announcement last week.
