GBPUSD Daily Analysis – November 22, 2017
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3039. As long as the price is in the channel, the upside movement could be expected to continue and further...
Tag: GBPUSD
GBP/USD Price Forecast November 21, 2017, Technical Analysis
The British pound initially fell during Monday, but then sliced through the 1.3250 level early in trading. We pulled back a bit, testing that area for support. But now it looks as if we are ready to...
GBPUSD Daily Analysis – November 21, 2017
GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still possible in the coming days. As long as this level holds, the sideways movement in a range...
GBPUSD Daily Analysis – November 20, 2017
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Another rise to test 1.3337 resistance would likely be seen. As long as this level holds, the price action in the trading range could...
GBPUSD Weekly Analysis – November 19, 2017
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the fall from 1.3657 could be...
GBP/USD Price Forecast November 20, 2017, Technical Analysis
The British pound has been very volatile during the trading session on Friday, testing the 1.3250 level but failing. However, I think that eventually we will break above there as the British pound is going to continue...
GBP/USD Price Forecast November 17, 2017, Technical Analysis
The British pound has been very choppy during the trading session on Thursday, dropping down to the 1.3130 level, and then bouncing towards the 1.32 handle. I believe that this will continue to be how the market...
GBPUSD Daily Analysis – November 17, 2017
GBPUSD is testing 1.3229 resistance, a breakout of this level could take price to the key resistance at 1.3337. As long as this level holds, the sideways movement in the trading range between 1.3027 and 1.3337 could...
GBP/USD Price Forecast November 16, 2017, Technical Analysis
The British pound was very volatile in general during the day on Wednesday, bouncing around the 131.70 level. The market has filled the gap from several sessions ago, and I think now we have a lot of...
GBPUSD Daily Analysis – November 16, 2017
GBPUSD is now facing 1.3229 resistance. A break above this level could take price to next resistance level at 1.3337. Above this level could trigger further upside move to 1.3470 area. However, as long as 1.3337 resistance...