British Pound Price Action Setups: GBP/USD Bearish Head & Shoulders in Focus

South Africa News News

British Pound Price Action Setups: GBP/USD Bearish Head & Shoulders in Focus
South Africa Latest News,South Africa Headlines
  • 📰 DailyFX
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

The British Pound consolidated against the US Dollar this past week, with GBP/USD seemingly forming a bearish Head & Shoulders chart pattern. What are key levels to watch ahead?

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex analysis: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD [Video]Forex analysis: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD [Video]Watch the video for the key trading levels for the week ahead for AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD.
Read more »

Poll: Biden and Trump Virtually Tied in Head-to-Head MatchupPoll: Biden and Trump Virtually Tied in Head-to-Head MatchupFormer President Donald Trump and President Joe Biden are virtually tied in a head-to-head 2024 matchup, according to a recent poll.
Read more »

Top Wall Street analysts pound the table on these 5 stocksTop Wall Street analysts pound the table on these 5 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Netflix.
Read more »

UFC 292 Results: Zhang Weili Dominates Amanda LemosUFC 292 Results: Zhang Weili Dominates Amanda LemosThere is no question about the pound-for-pound best female fighter in the world. Zhang Weili is her.
Read more »

This ‘80s British Gangster Movie Set the Bar for Guy RitchieThis ‘80s British Gangster Movie Set the Bar for Guy RitchieThe long good legacy of 'The Long Good Friday'.
Read more »



Render Time: 2025-02-27 20:53:16