GBPUSD moved below the rising trend line support at 1.2820 on its daily chart and is now facing the 1.2756 key support. A breakdown below this level will confirm that the bullish movement from 1.2109 had completed...
The British pound fell apart during the session on Friday, as election polls are starting to throw down into what the election results will be. This being the case, there are a lot of questions as to...
The British pound had a volatile session on Thursday, as we reached above the 1.30 level during the day, and then fell significantly. We continue to see support based upon the uptrend line, so it’s not a...
GBPUSD broke below the bottom trend line of the price channel on 4-hour chart, and is now facing the 1.2844 key support. A breakdown below this level indicate that the upward movement from 1.2365 had completed at...
GBPUSD moves in a bullish price channel on 4-hour, indicating that the pair remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue, and further rise...
The GBP/USD pair was initially soft during the session on Tuesday, but found enough buying pressure underneath the 1.30 level to continue to go higher. We still have a significant amount of resistance at the 1.3050 level...
GBPUSD pair found resistance at the top of the price channel on 4-hour chart and pulled back into 1.2955 zone. Deeper decline would likely be seen and the target would be at the bottom support line of...
The GBP/USD pair had a very volatile session on Monday, as we continue to see the market undulate back and forth with all the massive headlines to keep crossing the wires. As the negotiations about the United...
GBPUSD remains in uptrend from 1.2365. As long as the pair is in the ascending price channel on 4-hour chart, the uptrend could be expected to continue and further rise to 1.3100 area is still possible. Near...
GBPUSD moved in an ascending price channel on 4-hour chart which provides resistance at the top trend line and support at the bottom trend line. As long as the pair is in the channel, the uptrend from...