Sentiment : 1.6150 1.61
The pair GBP/USD continues to move just below the support at 1.62. Indicators are neutral. The pair is still moving above its long term bullish slant (black line). We continue to advise long positions as far as 1.6150 is support. A return above 1.62 will comfort our bullish feeling. The breakout of 1.63 will give a new buy signal and open the way towards 1.6350. In case of return below 1.6150, we will wait the breakout of 1.61 to advise short positions.
Chart of the pair GBP/USD - Timeframe 4H - Zoom in :
Chart of the pair GBP/USD - Timeframe 4H - Zoom out:
GBP/USD Live Chart - Timeframe : 4h