GBPUSD recently broke past its range resistance around the 1.2700 handle and found resistance at 1.2950. Price could be making a pullback to the broken resistance, and applying the Fib tool on the daily swing low and...
GBPUSD broke below 1.2864 support, indicating that the short term uptrend from 1.2756 had completed at 1.2965 already. Deeper decline could be seen in a couple of days, and next target would be at the bottom of...
The British pound continues to show signs of life as we have had a volatile session on Tuesday, initially falling but then breaking higher and clearing the 1.29 handle again. It looks likely that the market will...
GBPUSD remains in short term uptrend from 1.2756. Support is now at 1.2864, as long as this level holds, the uptrend could be expected to continue and next target would be at 1.3100 area. On the downside,...
The British pound continues to march higher during the Monday session, and as you can see I have a trendline on the hourly chart showing that we have seen buying pressure again and again. I believe that...
GBPUSD is testing that support of the ascending price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.2756 could be expected to continue and further rise to 1.3100 area is possible....
GBPUSD’s upward movement from 1.2756 extended to as high as 1.2965. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the upward movement could be expected to...
GBPUSD is now in uptrend from 1.2109. Further rise could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at 1.2600, only a break below this level will indicate...
The GBP/USD pair initially fell on Friday but turned around and continue to show bullish pressure. This market has clearly broken out, and I believe that we will continue to go much higher. The 1.3450 level above...
GBPUSD broke above 1.2904 resistance, indicating that the uptrend from 1.2365 has resumed. Further rise could be expected in a couple of days, and next target would be at 1.3000 area. Key support is located at the...
