The British Pound has found a short-term base against the US Dollar, holding highly-contested support near the psychologically significant 1.4700 mark. Its recent price formation likewise looks vaguely like an inverse head and shoulders pattern, and a break above 1.5500 would signal that a more medium term reversal is likely. Shorter-term, the British Pound looks to challenge previous spike-highs at the psychologically significant 1.5000 mark.
British Pound Technical Outlook
Live Quotes
SymbolAskBid
AUD/CAD0.95500.9545
AUD/JPY77.6177.59
AUD/USD0.92650.9263
CHF/JPY82.8382.80
EUR/GBP0.82460.8244
EUR/JPY106.66106.64
EUR/USD1.273231.27311
GBP/EUR1.21281.2130
GBP/JPY129.37129.34
GBP/USD1.54441.5441
USD/CAD1.03071.0303
USD/CHF1.01161.0114
USD/JPY83.7883.76
XAG/USD20.010019.9900
XAU/USD1254.631254.33
