The GBP/USD pair initially rallied during the day on Thursday, but found enough selling pressure to reach towards the 1.25 handle. We’ve seen quite a bit of volatility in the British pound over the last 24 hours,...
GBPUSD remains in uptrend from 1.1986, the price action from 1.2673 could be treated as consolidation of the uptrend. As long as 1.2412 support holds, the uptrend could be expected to continue, and next target would be...
The GBP/USD pair initially fell on Tuesday, but turned around and broke above the 1.25 level during the day. The market looks as if it is ready to reach towards the 1.2750 level above. The market has...
GBPUSD is facing 1.2600 resistance, a break of this level will signal resumption of the uptrend from 1.1986, then further rise to 1.2800 area could be seen. Support is now at 1.2412, a breakdown below this level...
GBPUSD broke bellow the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1986 had completed at 1.2673 already. Deeper decline would likely be seen in a couple of days, and next target...
GBPUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.1986. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2800...
GBPUSD is facing 1.2774 resistance. As long as this level holds, the price action in the trading range between 1.1946 and 1.2774 could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500...
The GBP/USD pair fell initially on Friday but found the 1.25 level to be supportive enough to turn things around. I think the longer-term, the British pound is going to break out to the upside, so I...
The GBP/USD pair initially tried to rally, but turned around to fall during the day. I believe that there is a massive amount of support at the 1.25 handle however, and thus I am willing to buy...
GBPUSD seems to be tired from its dive, as the pair formed a reversal pattern on its longer-term charts. Price failed in its last two attempts to break below the 1.1975 area, creating a double bottom formation...
