- Analytics
- Market analysis
- Technical Analysis
- GBP/USD is trading near a monthly high
GBP/USD is trading near a monthly high
Today, the GBP/USD pair is trading in the range of $1.3770-$1.3815 - slightly below the monthly high of $1.3835 reached earlier this week. On the hourly chart, the pair remains above the moving average line MA (200) H1 ($1.3730) and on the four-hour chart - above MA (200) H4 ($1.3690). Technically speaking, a strong resistance level of $1.3835 may keep prices from rising further. The lower bound of $1.3730-40 represents the support level. The most likely range of price movement for today may be hidden within the range of $1.3730 -1.3835
⦁ Resistance levels are: $1.3835-50, $1.3915, $1.3960
⦁ Support levels are: $1.3730-40, $1.3670, $1.3570
The main scenario for the pair's promotion — correction, and there may be an increase to $1.3835-50 (September 15-16 and October 19-21 highs)
An alternative scenario — the pair may decline to $1.3730-40 (minimum on October 20, MA (200) H1)
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
