Daily Market Analysis

If a pullback from 1.2950 - 1.2953 happens next, bears will probably try to reach the previously tested support...

There's a bullish 'Three Methods' pattern. In this case, we should keep an eye on 144 Moving Average as the next intraday target...

The price is likely going to test the nearest resistance at 1.2882 - 1.2921 within the next few hours...

We've got a 'Shooting Star', so we're likely going to have a decline shortly, which means we should watch the next support...

There's a 'V-Bottom', so we could have an upward correction. Even so, bears are likely going to test the next support...

It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...

We had a 'Thorn' pattern. There's also a 'V-Top', which has been confirmed, so the price is likely going to test the next support...

We should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction...

We should watch the nearest support at 1.2953 - 1.2930 as an intraday target for GBPUSD...

The pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be...

The following pullback from the nearest resistance at 1.2930 - 1.2953 could lead to another decline in the direction of the next support...

There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...