GBP/USD technical analysis: A tight range of trading showing weakness of movement
GBP is trading very weak and failed to stabilize above 1.2795. Trading remained below the mentioned level most of the time, weakening the upside potential and showing that the pair does not have bullish momentum.
GBPJPY
17 may. 2017 07:26 |Prices has pulled back since the beginning of trading day breaking support level at 145.80
EURJPY
17 may. 2017 07:25 |The pair has fallen back with the beginning of trading day for testing strong support at 124.50
NZDUSD
17 may. 2017 07:23 |The pair managed to exceed the descending channel and resistance level at 0.69
USDCHF
17 may. 2017 07:21 |The pair has fallen back since the beginning of trading day breaking last bottom at 0.9858
AUDUSD
17 may. 2017 07:18 |Currently the pair has managed to form head & shoulders pattern after breaking through the neck line
USDJPY
17 may. 2017 07:00 |Prices managed to break down the bottom border of symmetrical triangle, so it has fallen back sharply
GBPUSD
17 may. 2017 06:57 |Currently prices are moving inside ascending channel, current resistance will be at 1.2985
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