The British pound initially tried to rally during the trading session on Tuesday, but found the area above the 1.3333 level to be a bit too expensive. Because of this, I think that the pullback to the...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3387. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3039. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
The British pound initially rally during the trading session on Monday, breaking above the significantly resistive 1.3333 handle. As I record this though, we are turning around to form a bit of a shooting star on the...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3359, breaking above 1.3337 key resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be...
GBPUSD failed to break below the bullish trend line on the daily chart and moved above 1.3337 resistance. Further rally is still possible and next target would be at 1.3420, followed by 1.3657. A breakout of 1.3657...
GBPUSD is testing 1.3337 resistance, a breakout of this level could take price to 1.3470 area. Near term support is at the bottom support trend line on the price channel on the 4-hour chart. A clear break...
GBPUSD appears to have finally broke out of its consolidation pattern on the 4-hour chart. Price surged past the resistance of its descending triangle, indicating its intention to go for more gains. The chart pattern is approximately...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3329, facing the key resistance at 1.3337. Above this level could trigger further upside movement to 1.3470 area. Near term support is at the bottom trend...
The British pound has been very choppy over the last several sessions, bouncing from the 1.32 level underneath, which offers support. The uptrend line on the hourly chart looks very likely to be supportive as well, and...
