2026-08-28 · FOREX
British Pound / USD (GBP/USD) Daily Analysis
HOLD
40% confidence · 1.3594 USD
TREND
The RSI is at 59.68, MACD is bullish at 0.01, and price is below EMA9 (1.36) but above EMA21 (1.35) and EMA50 (1.35).
SUMMARY
GBP/USD presents a mixed technical picture today, leading to a HOLD signal. Yesterday's analysis indicated a BUY at 1.3595 USD, and since then, the price has remained virtually unchanged at 1.3594 USD, reflecting the ongoing market indecision. While the MACD is technically bullish at 0.01 and the price holds above the medium-term EMA21 (1.35) and EMA50 (1.35), it has slipped below the short-term EMA9 (1.36). The presence of neutral Doji and Spinning Top candlestick patterns further reinforces the current lack of clear directional momentum.
SUPPORT
1.34
RESISTANCE
1.37
TIMEFRAME BIAS
The short-term bias is neutral to slightly bearish as price is below EMA9, while the medium-term bias remains bullish with price above EMA21 and EMA50.
PATTERNS
Doji: Indecision — market at crossroads | Spinning Top: Indecision between buyers and sellers