GBP/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:21 am
The GBP/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to find some type of resistance above in order to start selling again. I believe that...

GBP/USD Forecast August 24, 2016, Technical Analysis

by FX Empire | August 24, 2016 7:37 am
The GBP/USD pair rose during the course of the day here on Tuesday, but still has quite a bit of resistance above that could come into play. That being the case, and exhaustive candle above will be...

GBP/USD Forecast August 23, 2016, Technical Analysis

by FX Empire | August 23, 2016 6:47 am
The British pound did rally a bit during the course of the day on Monday, using the 1.30 level as a support barrier. That being the case, looks as if sooner or later we should find sellers...

GBP/USD Forecast August 22, 2016, Technical Analysis

by FX Empire | August 22, 2016 6:34 am
The GBP/USD pair fell slightly during the course of the day, testing the 1.30 level for support. If we can break down below there, I feel that the market then will reach to the 1.2850 level below....

GBPUSD Weekly Analysis – August 21, 2016

by ForexCycle.com | August 21, 2016 1:06 pm
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and...

GBP/USD Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:41 am
The GBP/USD pair broke higher during the course of the session on Thursday, clearing the 1.30 level. However, I believe that this market has quite a bit of resistance above, so it simply waiting to see exhaustion...

GBP/USD Forecast August 18, 2016, Technical Analysis

by FX Empire | August 18, 2016 6:53 am
The GBP/USD pair initially tried to rally during the course of the session, but then turn right back around to break towards the 1.30 level. I think if we can break down below there, it is only...

GBP/USD Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:43 am
The GBP/USD pair broke higher during the course of the session on Tuesday, slicing above the 1.30 level at one point. However, even though we have a very bullish candle here, I believe that we will ultimately...

GBPUSD Retracement Setup Aug 17, 2016

by Kate Curtis | August 17, 2016 4:02 am
Cable made a strong rally in yesterday’s London session, creating a retracement opportunity from its recent slide. Applying the Fib tool on the latest swing high and low shows that the 38.2% to 50% levels span an...

GBP/USD Forecast August 16, 2016, Technical Analysis

by FX Empire | August 16, 2016 8:13 am
The GBP/USD pair initially tried to rally but then turn right back around to form a negative candle. By doing so, looks as if we are going to continue to go lower, and reach towards the vital...