The GBP/USD pair dipped a little bit at the open on Wednesday, but then bounced enough to reach towards the 1.33 handle. We then pull back from there to reach the 1.3250 level underneath, which has been...
GBPUSD is facing 1.3337 resistance. As long as this level holds, the sideways movement between 1.3027 and 1.3337 could be treated as consolidation of the downtrend from 1.3657 and another fall towards the major support trend line...
The British pound went sideways initially during the day on Tuesday, but then shot much higher, reaching towards the 1.3250 level. If we can make a fresh, new high, there’s no reason to think that we won’t...
GBPUSD continued its sideways movement in a range between 1.3027 and 1.3337, and is facing 1.3337 resistance once again. A breakout of this level could trigger further upside movement to 1.3500 zone. Near term support is at...
The British pound rallied during the day on Monday, showing signs of strength yet again. We reached the 1.32 level above, which has a certain amount of psychological importance. However, I think there is much more resistance...
GBPUSD failed to break below 1.3027 support and stayed in a trading range between 1.3027 and 1.3337. The price action in the range is likely consolidation of the downtrend from 1.3657, a breakdown below 1.3027 support could...
GBPUSD broke below 1.3087 support, indicating that the downside movement from 1.3337 has resumed. Further decline towards the major support trend line on the daily chart could be expected, a clear break below the trend line support...
GBPUSD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take price to a key support level at 1.2774, below this...
The British pound fell significantly at the open on Friday, reaching down to the 1.3075 level. We have bounced from there, and we are getting close to an uptrend line just below on the weekly chart. Because...
GBPUSD moved sideways in a trading range between 1.3087 and 1.3337. The pair is now facing 1.3087 support, a breakdown below this level could trigger another fall to the major support trend line on the daily chart....
