The British pound went sideways during most of the session, but then shot to the upside as the Americans came back to work. Lately, the American seem to be much more bullish of European currencies than the...
The British pound initially rally during the day on Thursday, continuing the bullish pressure that we had seen on Wednesday. We went sideways for a while, but as the Americans came online, this pair rolled over again,...
After consolidation, GBPUSD continued its upside movement from 1.2589 and reached as high as 1.3156. Further rise is still possible and next target would be at 1.3200 area. Support is now at the rising trend line on...
The GBP/USD pair initially went sideways during the session on Wednesday, but found the 1.30 level to be supportive enough to continue to push this market to the upside. I think that the market will eventually try...
The British pound went sideways during the session initially on Tuesday, but found enough support at the 1.30 level to continue going higher. However, later in the day we ended up seen quite a bit of bullish...
GBPUSD formed a sideways movement in a trading range between 1.2811 and 1.3125. Another fall to test 1.2811 support would likely be seen in a couple of days. As long as this support level holds, the sideways...
The British pound initially rally during the Monday session, but pulled back to the opening price in order to find buying pressure. It did, so therefore we continue to grind higher, and it looks as if the...
GBPUSD remains in uptrend from 1.2589, the price action from 1.3029 could be treated as consolidation of the uptrend. Deeper decline to test 1.2811 key support would likely be seen in a couple of days. As long...
GBPUSD remains in uptrend from 1.2589, the pullback from 1.3125 could be treated as correction of the uptrend. Deeper decline to wards the bottom trend line of the price channel on its 4-hour chart is possible in...
GBPUSD broke above 1.3047 resistance and is now in uptrend from 1.2589. As long as 1.2811 support holds, the uptrend could be expected to continue and next target would be at 1.3500 area. On the downside, a...
