GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2909. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...
GBPUSD’s rebound from 1.2774 extended to as high as 1.3224, facing the 1.3267 resistance. Further rise would likely be seen and next target would be at the top trend line of the price channel on the daily...
The GBP/USD pair rallied significantly during the day on Friday, reaching towards the 1.32 handle. The market looks likely to run into a bit of trouble near the 1.3250 level, so I think that it’s only a...
GBPUSD Short Term Elliott Wave view suggests that the rally from 8/24 low is unfolding as an impulse Elliott Wave structure. Up from 8/24 low (1.2773), Minor wave 1 ended at 1.2979 and Minor wave 2 ended at 1.2851. Minor...
The British pound went sideways during the day on Wednesday, and then shot to the upside. The 1.31 level above has offered resistance, but it looks like we are ready to break out to the upside. Being...
GBPUSD extended its bullish movement from 1.2774 to as high as 1.3138. As long as the price is above the bullish trend line from 1.2774 to 1.2852 on the 4-hour chart, the upside movement could be expected...
The GBP/USD pair went sideways initially on Wednesday, but the Americans started buying the British pound in mass. Now that we are cleanly above the 1.3050 level, if we can stay above there for a daily close,...
GBPUSD stays above a bullish trend line on its 4-hour chart, indicating that the pair remains in the uptrend from 1.2774. As long as the price is above the trend line, the upside movement could be expected...
The GBP/USD pair initially went sideways during the trading session on Tuesday, but shot higher as we broke above the 1.30 level. The resistance that starts at that level extends to the 1.3050 level, so I think...
GBPUSD extended its upside movement from 1.2774 to as high as 1.3044. Near term support is at the bullish trend line on the 4-hour chart. As long as the price is above the trend line, the upside...
