The GBP/USD pair fell a bit during the course of the session on Friday, but then turned back around to form a hammer. Ultimately, I believe that the market will find plenty of resistance above, so quite...
The GBP/USD pair broke down during the course of the session on Thursday, slicing through the bottom of the hammer on Wednesday. That being the case, it looks as if the market drives down to the 1.25...
The GBP/USD pair went back and forth during the course of the session on Wednesday, but ultimately formed a hammer. With this, I feel that the market is probably going to break out to the upside and...
GBPUSD’s downward movement from 1.3445 extended to as low as 1.2685. Further decline could be expected after a minor consolidation, and next target would be at 1.2500 area. Near term resistance is at 1.2850, as long as...
The GBP/USD pair broke down significantly during the course of the day on Tuesday, slicing through the 1.2850 level. By doing so, looks as if the market will continue to go much lower, perhaps reaching down to...
The GBP/USD pair broke down during the course of the session on Monday, slicing through the 1.2850 level. If we can break down below the bottom of the candle for the session, we should then be able...
GBPUSD broke below 1.2865 (Aug 15 low) support, and is now facing 1.2795 (Jul 6 low) support. A breakdown below this level will indicate that the long term downtrend from 1.5016 (Jun 24 high) has resumed, then...
GBPUSD is testing 1.2795 support, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.2000 area. Key resistance is at 1.3480, only break above this level could...
The GBP/USD pair went back and forth during the course of the day on Friday, forming a fairly neutral but shooting star like candle. I believe that there is a significant amount of support below, extending all...
The GBP/USD pair initially tried to rally during the course of the session on Thursday but then turned around to form a fairly negative candle. I do recognize that there is a bit of support just below,...
