GBP/USD daily chart, April 03, 2017 The GBP/USD pair fell initially on Friday but found enough support to turn things around and show signs of strength. Currently, looks as if the British pound is starting to pick...
GBP/USD daily chart, March 30, 2017 The British pound initially fell during the day on Wednesday as the Article 50 was triggered, but quite frankly it looks as if the market doesn’t care. We had initial selling...
GBPUSD is now in downtrend from 1.2615, the rise from 1.2376 is likely consolidation of the downtrend. Further decline could be expected in a couple of days, and next target would be at 1.2200 area. Resistance is...
GBP/USD daily chart, March 29, 2017 The GBP/USD pair initially tried to rally during the day on Tuesday, but turned around to form a very bearish candle. It looks as if were going to test the 1.25...
GBPUSD moved below 1.2469 support, indicating that the uptrend from 1.2109 had completed at 1.2615 already. The pair is now in downtrend. Further decline could be expected after correction and next target would be at 1.2200 area.
GBP/USD daily chart, March 28, 2017 The GBP/USD pair broke down to the upside during the day on Monday, reaching towards the 1.26 handle. Ultimately, a pullback from here will more than likely find support at the...
GBPUSD continued its upward movement from 1.2109 and the rise extended to as high as 1.2615. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
GBPUSD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.2109. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
GBP/USD daily chart, March 27, 2017 The GBP/USD pair fell initially on Friday but found enough support at the 100-exponential moving average to turn around and form a slightly supportive candle. However, I think there so much...
GBPUSD is forming a sideways consolidation in a trading range between 1.1946 and 1.2774. As long as the pair is below 1.2774 key resistance, the long term downtrend from 1.5016 could be expected to resume and another...
