GBPUSD technical and fundamental analysis

Pound/dollar had upward momentum yesterday, topped at 1.3364. The bias is bullish in nearest term testing of 1.3400/20, but I mainly stay in the camp of bears yet. First support is seen at 1.3300. A clear break below that area could lead the price to neutral trade zone testing 1.3250 or lower.

WHY???????????????????
would FTSE GO UP
WALL STREET GO UP
But DAX Go DOWN after the bank of england rate decision?

Baffled! is there any logic?

GBP/USD: As expected, the pair formed a downward trend and it's moving to its historical lows. The next target level for the pair will be 1.2796, and later 1.2745.

The British pound fell against the dollar on Friday. By the end of trading session GBP/USD was traded at 1.2914, shedding 0.32%. I believe that the support is now located at the level of 1.2904, the low of Friday's trading, and resistance is likely to be at the level of 1.3097 - Monday's high.

Most of the week the pound stayed lower than 1.30. GBP/USD has fallen after the house price balance in the UK appeard much worse than expected. The indicator was only 5% instead of the expected 15%. At the same time RICS said, that the fall in sales was the biggest since the financial crisis in 2008, the rise in prices in July was the slowest in three years, while the volume of new sales fell. This shows that the real estate market is already adjusting to the decision of the UK to leave the EU, and as British consumers are so heavily dependent on property prices, their sudden drop may affect consumer spending in the future.

Key levels to watch for:
Support: 1.2790; 1.2500;
Resistance: 1.3080; 1.3240; 1.3365.

Key levels to watch for:
Support: 1.2864; 1.2790;
Resistance: 1.3288; 1.3496.

Key levels to watch for this week remain the same:
Support: 1.2864; 1.2790;
Resistance: 1.3288; 1.3496.

The pound record decline against the dollar on Thursday. British currency ended the three-day growth and thus break of resistance at 1.3288 was postponed. However, the pair tested the level, topped the day at 1.3168 and if the Bulls again prevail, it will be overcome. The session started at a price of 1.3230, while the pound lost 41 pips by the end of the day.

The British pound continued to rise against the dollar for the second consecutive session, overcoming its recent narrow range. The pair added 131 pips to a closing price of 1.3266, which was a one-month peak. Consolidation of current levels and confirmed break of 1.3270 will take the GBP/USD higher. Otherwise the price will test 1.3160.

Key levels to watch for:
Support: 1.3160; 1.3050; 1.2910;
Resistance: 1.3270; 1.3365; 1.3480.

Pound/dollar was up yesterday, breaking above the resistance 1.3370 and topped at 1.3444. Expectations are up for testing key level 1.3500, a clear break above it may not only interrupt the downward phase after Brexit, but also to become an early signal of bullish reversal scenario. Support for the day is seen at 1.3370, whose breach could lead price to neutral trade zone testing 1.3300.

Key levels to watch for:
Support: 1.3355; 1.3200; 1.3000;
Resistance: 1.3480.

Huhuhu can you explain me why it formed a pin bar at 1.3355 support line, then go up a little then come down to break this sp

Friend I will provide you buy signal for GBP/USD tomorrow. I think it is right now consolidating for a while . So waiting for the trend continuation move for this trend. If I find bull signal I will definitely share with you.
Thank you.

Bearish moves still continues in 1 hr chart ... waiting for today's London season.. Hope something different will happen... Thanks..

GBP USD @ 50% retracement. Bullish move can not be placed in this week, waiting for next week for a bullish signal... happy weekend..

GbpUsd D1 Chart

GbpUsd H4 Chart view

Weekly chart show us Support. Let's see what happens. Reversal could happen.