The GBP/USD pair did nothing during the course of the day on Wednesday, as we continue to consolidate in general. I still believe that the 1.35 level above is massively resistive and the resistance extends all the...
The GBP/USD pair rose during the course of the session on Tuesday, now looking to reach towards the top of the consolidation area. The 1.35 level continues to be massively resistive above though, so I’m simply waiting...
GBPUSD was previously consolidating inside a symmetrical triangle pattern on its 1-hour time frame before price decided to go for an upside breakout. This signals that buyers are taking control of price action and are ready to...
The GBP/USD pair went back and forth during the course of the day on Monday, showing signs of confusion. With this being the case, the market looks as if it is going to continue to consolidate sideways,...
The GBP/USD pair rose slightly during the course of the session on Friday, as we continue to go back and forth overall. With this being the case, the market is likely to chop around but I do...
GBPUSD moved sideways in a range between 1.2795 and 1.3480. As long as 1.3800 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000...
The GBP/USD pair initially fell during the course of the session on Thursday, but as you can see we are still very much in consolidation. Because of this, I believe that the market will continue to go...
GBPUSD has been forming higher lows and lower highs, creating a symmetrical triangle pattern on its 1-hour time frame. Price recently bounced off the triangle support and looks ready to make another test of resistance. The 100...
The GBP/USD pair initially fell during the day but did bounce a bit to form a slight hammer. I believe that this market is going to continue to consolidate just above the 1.30 level, so short-term buying...
The GBP/USD pair went back and forth during the course of the day on Tuesday, as we continue to bounce above the 1.30 level. This is a market that is very negative overall, but looks as if...
