GBPUSD DAILY OUTLOOK: Faces obstacle

Trader 1 · July 15, 2026
General

While technically in a daily uptrend, it would need to take out 1.3461 to confirm. High over this period has been 1.3452 with a lower high yesterday at 1.3442.

For the lower high to be anything but a pause, 1.3322 would need to be broken.

Bottom line, current range 1.3322-1.3452 with the bottom end needing to hold to keep a bid while 1.3461 (and 1.3508) would need to be taken out to confirm/accelerate the uptrend

Note: 20 day mva = 1.3295; 200 day mva = 1.3395 (being pivoted)

(Amazing Trader daily chart).

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