Technical analysis of the GBP/USD pair for March 14

The pair is updating local maximums.

Technical Analysis
Mar 14, 2019

During yesterday's trading session the British pound once again showed a positive trend. After the Brexit vote, we again saw a strong upward momentum in the pair, and it is quite possible that the pair may soon head for the 1.35 mark.

At the current moment, the pair has stopped near the 1.3260 mark.

The dollar index is now positive, but still remains below the level of 97.00.

The key role in the formation of quotes currently is another vote in the UK. The direction of the price depends on its results. We believe that the pair will continue to grow, as investors are positive regarding the British currency.

It is worth waiting for the completion of the correction for the pair. We expect it to drop to 1.3210 and 1.3190, from which it will be possible to occupy long positions. Consider targets near the levels of 1.3280, 1.33, and 1.3360.

Aleksandr Yakovenko

Technical Analysis

GBP/USD Technical Analysis

Growth has slowed.

Aleksandr Yakovenko
Mar 12, 2019

Technical Analysis

EUR/USD Technical Analysis

Today it is recommended to sell the pair.

Anna Sneider
Mar 11, 2019

Technical Analysis

EUR/GBP Technical Analysis

It is recommended to sell the pair today.

Anna Sneider
Mar 07, 2019