
The British Pound Futures (6B) weekly chart shows a market in transition. Price action is currently consolidating after a recent upswing, with medium-sized bars and average momentum. Short-term (WSFG) and intermediate-term (MSFG) session fib grid trends are both up, with price holding above their respective NTZ/F0% levels, indicating underlying bullishness in these timeframes. However, the yearly (YSFG) trend remains down, with price still below the annual NTZ/F0%, suggesting that the longer-term structure is not yet fully supportive of a sustained uptrend. Swing pivots reveal a short-term downtrend (DTrend) as the most recent pivot is a high at 1.3589, with the next key support at 1.3308. Intermediate-term HiLo trend remains up, reflecting higher lows and a series of upward swings. Resistance is layered above at 1.3589 and 1.3521, while support is well-defined below, with multiple levels down to 1.1872. Benchmark moving averages across all timeframes are in uptrends, with price currently above the 5, 10, 20, 55, 100, and 200-week averages, reinforcing the intermediate-term bullish bias. Recent trade signals have all been long, aligning with the prevailing intermediate-term uptrend. Overall, the short-term outlook is neutral due to the evolving pivot downtrend and recent consolidation, while the intermediate-term remains bullish on the back of strong moving average support and upward fib grid trends. The long-term view is neutral, as the market has yet to decisively reclaim the yearly fib grid and establish a clear uptrend. The chart suggests a market in a corrective phase within a broader bullish recovery, with potential for further upside if key resistance levels are broken, but also risk of deeper pullbacks if support fails.