Pound Outlook: Sterling Levels to Watch as GBP/USD Rebound Falters 2020-12-14 20:00:00 Michael Boutros, Strategist
Sterling Technical Price Outlook: GBP/USD Trade Levels
Sterling technical trade level update – Daily & Intraday Charts
GBP/USD recovery fails at technical resistance – rally vulnerable sub-1.35
Critical support 1.31 – weakness beyond would risk larger correction in British Pound Advertisement
Sterling is down more than 0.7% against the US Dollar early in the week after gapping higher into the Sunday open with GBP/USD reversing off technical resistance on Monday. The broader correction off the yearly highs is now in question and we’re looking for a break of the weekly opening-range for guidance in the days ahead. These are the updated targets and invalidation levels that matter on the GBP/USD price charts. Review my latest Weekly Strategy Webinar for an in-depth breakd
Dollar was weak but Sterling was even weaker with a massive weekly reversal in GBP/USD off multi-year highs. Here are the levels that matter on the Pound weekly chart.