GBPUSD’s pullback from 1.3549 extended to as low as 1.3370. Further decline is still possible and next target would be at the rising trend line on the 4-hour chart. As long as the trend line support holds,...
The dollar appreciated on Monday although it did so at a limited pace. Most of the crossings had limited tours at the beginning of the week continuing the tours of the American session on Friday, albeit at...
The GBPUSD pair remains in uptrend from 1.3039, the fall from 1.3549 could be treated as consolidation of the uptrend. As long as the price is above the trend line, the uptrend could be expected to continue...
The GBP/USD pair initially gapped lower at the open on Monday, and then bounced enough to slam into the 1.35 handle. We pulled back from there to test the 1.3425 level underneath, and then exploded to...
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.3039. As long as the price is above the trend line, the fall from 1.3549 could be treated as consolidation...
GBPUSD extended its bounce from the rising trend line on the daily chart to as high as 1.3549. Further rise to test 1.3657 resistance would likely be seen next week. A breakout of this level will confirm...
The GBP/USD pair initially fell during the trading session on Friday, reaching below the 1.35 handle again. Quite frankly, I liked seeing this, as a give us an opportunity to pick up a little bit of value....
GBPUSD extended its upside movement to as high as 1.3549. Further rise is still possible after a minor consolidation and next target would be at 1.3657 (Sep 20 high). Near term support is at 1.3425, only a...
The British pound initially rally during the day on Thursday, but then pulled back a little bit to find buyers again at the 1.3435 level. The market has since broken above the 1.35 level, only to find...
GBPUSD’s upside movement from 1.3039 extended to as high as 1.3448, breaking above the top trend line of the price channel on the 4-hour chart, facing a bearish trend line on the weekly chart. Breakthrough here could...
