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GBPUSD Price Forecast: Either a New Phase of 15-Month Bull Leg or Reversal 2021-05-30 00:00:00 John Kicklighter, Chief Strategist GBPUSD, EURGBP, GBPJPY and GBPAUD Technical Forecast Talking Points: GBPUSD is just below the midpoint of the range carved out over the previous 7 years with the smallest 8-day range since June 2019 A Sterling break seems a high probability in the proximate future (next few weeks) but broader market conditions will dictate timing Among the Pound crosses, GBPJPY stands out as it ended this past week with a charge to a 5-year range high Technical Forecast for British Pound: Bearish There are plenty of markets with impressive technicals to draw upon, but few have the same density of consequential resistance and support as the British Pound crosses. However, the presence of these patterns and barriers does not ensure a critical break – much less follow through. The critical consideration in this technical potential is market conditions such as liqui

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