The British pound continues to grind sideways just above the 200-day exponential moving average and the previous resistance at the 1.2750 level. However, this candle looks a little bit more bullish than the others, and therefore...
GBPUSD continued its sideways movement in a trading range between 1.2756 and 1.2904. Support is at 1.2700, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3000...
The GBP/USD pair initially fell during the day on Tuesday, but found enough support at the 200-exponential moving average again to turn things around and form a positive candle. We continue to consolidate in general, with the...
GBPUSD moved sideways in a trading range between 1.2756 and 1.2904. Near term support is at 1.2700, as long as this level holds, the price action from 1.2904 could be treated as consolidation of the uptrend from...
The GBP/USD pair initially tried to rally during the session on Monday but pulled back as we continue to consolidate just above the 1.2750 level. Because of this, I think that a bounce will happen, but you...
No changed in our view, GBPUSD remains in uptrend, the pullback from 1.2904 could be treated as consolidation of the uptrend. Support is at 1.2700, as long as this level holds, the uptrend could be expected to...
GBPUSD had previously been trading inside a range with support at 1.2100 and resistance at 1.2700. Just recently, price made an upside breakout, signaling that further gains are likely. The rectangle is 600 pips tall so the...
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Support is at 1.2700, as long as this pair is above this level, the uptrend could be expected to continue, and...
GBPUSD broke out the upper line of the triangle pattern, indicating that lengthier consolidation for the long term downtrend from 1.7190 (Jul 15, 2014 high) is underway. Further rise could be expected over the next several weeks,...
The GBP/USD pair fell during the day on Friday but found enough support just above the 1.2750 level to continue going higher. The 200-day exponential moving average is in the area, and I believe it’s only a...
