GBP/USD Technical Analysis

Forex Pros – pros - The British Pound was lower against the Japanese Yen on Wednesday. GBP/JPY was trading at 130.01, down 0.14% at time of writing. The pair was likely to find support at 129.06, Friday’s low, and resistance at 130.85, Tuesday’s high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.02% to hit 1.6063 and EUR/GBP rising 0.02% to hit 0.8986.Forexpros

Forex Pros – pros - The U.S. Dollar was higher against the Japanese Yen on Tuesday. USD/JPY was trading at 81.08, up 0.01% at time of writing. The pair was likely to find support at 80.27, Thursday’s low, and resistance at 81.19, today’s high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.04% to hit 1.4435 and GBP/USD rising 0.04% to hit 1.6067.Forexpros

Forex Pros – pros - The New Zealand Dollar was higher against the U.S. Dollar on Tuesday. NZD/USD was trading at 0.8258, up 0.08% at time of writing. The pair was likely to find support at 0.8234, today’s low, and resistance at 0.8332, Monday’s high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.12% to hit 1.2942 and EUR/NZD falling 0.10% to hit 1.7468.Forexpros

Forex Pros – pros - The U.S. Dollar was higher against the Japanese Yen on Tuesday. USD/JPY was trading at 81.12, up 0.39% at time of writing. The pair was likely to find support at 80.27, Thursday’s low, and resistance at 81.19, today’s high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.83% to hit 1.4419 and GBP/USD falling 0.17% to hit 1.6055.Forexpros

Forex Pros – pros - The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4421, down 0.82% at time of writing. The pair was likely to find support at 1.4398, today’s low, and resistance at 1.4579, Monday’s high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.61% to hit 0.8984 and EUR/JPY falling 0.46% to hit 116.94.Forexpros

Forex Pros – pros - U.S. stocks were mixed after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.10%, the S&P 500 index shed 0.13%, while the Nasdaq 100 index climbed 0.35%. Meanwhile, across the Atlantic, European stock markets were mixed at close. France’s CAC 40 was down 0.61%; Germany’s DAX shed 0.05%; Britain’s FTSE 100 climbed 0.11%; and the EURO STOXX 50 fell 0.69%.Forexpros

Forex Pros – pros - The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4418, down 0.84% at time of writing. The pair was likely to find support at 1.4398, today’s low, and resistance at 1.4579, Monday’s high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.63% to hit 0.8983 and EUR/JPY falling 0.43% to hit 116.97.Forexpros

Forex Pros – pros - The British Pound was lower against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.6058, down 0.16% at time of writing. The pair was likely to find support at 1.5974, Thursday’s low, and resistance at 1.6140, Monday’s high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.69% to hit 0.8978 and GBP/JPY rising 0.19% to hit 130.20.Forexpros

Forex Pros – pros - The U.S. Dollar was higher against the Canadian Dollar on Tuesday. USD/CAD was trading at 0.9624, up 0.12% at time of writing. The pair was likely to find support at 0.9580, Friday’s low, and resistance at 0.9688, Thursday’s high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.88% to hit 1.4411 and GBP/USD falling 0.20% to hit 1.6052.Forexpros

Forex Pros – pros - The U.S. Dollar was lower against the Swiss Franc on Tuesday. USD/CHF was trading at 0.8409, down 0.83% at time of writing. The pair was likely to find support at 0.8306, Thursday’s low, and resistance at 0.8526, Friday’s high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.74% to hit 1.4432 and USD/JPY rising 0.31% to hit 81.05.Forexpros