GBP/USD

The GBP/USD exchange rate has fallen back to 1.30 over recent days, but the existence of a four-week uptrend in the charts leaving analyst Richard Perry of Hantec Markets expectant of an ultimate resumption of gains.

The GBP/USD exchange rate rallied by over 1.5% on Wednesday and is quoted at 1.3130 on Thursday. Analyst Richard Perry of Hantec Markets says the technical configuration advocates for further Sterling gains.

The GBP/USD exchange rate has rallied back to 1.30 in mid-week trade amongst fresh Brexit trade negotiation headlines that are supportive of a view a deal can be done.

The GBP/USD exchange rate rallied sharply at the start of the new week to only be rejected at levels above 1.30, suggesting the market requires a fundamental narrative to break it out of its recent range says Richard Perry of Hantec Markets.

The GBP/USD exchange rate starts the new week 0.40% higher at 1.2974, despite the gains analyst and technical forecaster Richard Perry of Hantec Markets says the pair will likely struggle to hold ground above 1.30.

The GBP/USD exchange rate has recovered back to 1.2931 ahead of the weekend, but strength should be viewed as an opportunity to sell says analyst and technical forecaster Richard Perry of Hantec Market.

The GBP/USD exchange rate is trading around the 1.30 marker but remains a highly volatile prospect. Analysts and technical forecaster Richard Perry of Hantec Markets says 1.3080 at the top and 1.2860 are the two gateways to further gains and losses, respectively.

The GBP/USD exchange rate fell a percent on Tuesday and there appears to be further follow-through momentum in the midweek session, but analyst and technical forecaster Richard Perry says this remains a market without a trend.

The GBP/USD exchange rate closed decisively above 1.30 for the second day in succession, leaving technical analyst and forecaster Richard Perry of Hantec Markets to say the prospect for further gains is building.

The GBP/USD exchange rate rose above 1.30 on Friday, but analyst and technical forecaster Richard Perry of Hantec Markets says a more convincing uptrend will only be established once resistance at 1.3000/1.3050 is broken.

The GBP/USD exchange rate fell 0.80% on Tuesday having gone above 1.30 briefly at one point in the day. Analyst Richard Perry at Hantec Markets says there is a risk the pair regains downside momentum.

The GBP/USD exchange rate touched the 1.30 barrier before retreating back to 1.2963 on Tuesday, but analyst and technical forecaster Richard Perry says technical momentum is such that a break above this key level is increasingly likely.

The GBP/USD exchange rate has risen back to 1.2891 over the course of recent days, but analyst and technical forecaster Richard Perry says he maintains a bias for further consolidation in the 1.2670/1.3000 range going forward.

The GBP/USD exchange rate has retreated from this week's high at 1.29227 to trade at 1.2820 on Wednesday. Analyst and technical forecaster Richard Perry of Hantec Markets says the outlook for the pair remains highly uncertain.

The GBP/USD exchange rate has rallied back above 1.28 over the past 24 hours. Analyst and technical forecaster Richard Perry of Hantec Markets looks at the next levels that might come into play.

The GBP/USD exchange rate has powered higher by 0.60% at the start of the new week and is seen at 1.2836, however the gains are not yet quite convincing enough to convince analyst and technical forecaster Richard Perry of Hantec Markets that Sterling's outlook has shifted from negative.

The GBP/USD exchange rate is seen to be recovering from the falls suffered at the start of the week, however strength will likely remain fleeting says analyst Richard Perry of Hantec Markets.

The GBP/USD exchange rate's September decline remains intact and analysts and technical forecaster Richard Perry of Hantec Markets says the 1.2650 support area remains a primary objective.

The GBP/USD exchange rate is seen at 1.2697 in mid-week trade following three successive days of losses. Analyst and technical forecaster Richard Perry of Hantec Markets says any near term rebound is a chance to sell.

The GBP/USD exchange rate is seen trading under pressure once more and is down 0.50% on Tuesday at 1.2759. Analyst and technical forecaster Richard Perry of Hantec Markets gives the next potential targets the market might focus on.