GBPUSD Forecast and technical analysis May 26 2014

We are in bullish mode on GBPUSD currency pair

Here is the illustrations and snapshots for GBPUSD Forecast and technical analysis May 26 2014

On the monthly chart of GBPUSD pair we can see that the pair broke the red strong trend line but it failed to keep its momentum due to dovish act from Draghi. But the setup is still bullish.

gbpusd forecast technical analysis daily may 26-2014

gbpusd forecast technical analysis h4 may 26 2014

gbpusd forecast technical analysis may 26 2014

gbpusd forecast technical analysis weekly may 26-2014