Stock Ticker

GBPUSD tips bearish as sellers seize control below key moving averages

GBPUSD technicals

The GBPUSD has moved to a new session low, falling below both the 100-hour (blue line on the chart above) and 200-hour moving averages Pring Green line), signaling a shift in short-term momentum. Buyers had their chance earlier above the 100-hour MA near 1.3567, but failed to hold the breakout—giving sellers an opening.

The pair is now pressing toward the next key downside target: the Friday low at 1.3514. A break below this level would confirm further bearish control and open the door toward other sport targets including 1.3505 swing level, and below that a swing area between 1.3460 and 1.34729.

For now, the bias leans bearish below the moving averages. Watch for resistance near the 100-hour MA to cap any rallies.

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Ja Morant’s Miami Home Purchase Fuels Trade Rumors – Basketball Insiders

Preview, predicted line-ups & why Michael Carrick wants revenge

REALTYon 2026 Opens with Strong Attendance and High Industry Engagement

What are the main events for today?