The GBP/USD pair initially fell during the course of the day on Friday, but turned right back around to form a very bullish looking candle. However, there is quite a bit of resistance just above and of...
The GBP/USD pair bounced slightly during the course of the day on Wednesday, using the 1.41 level as support. At this point in time, the market could try to reach higher but there is a significant amount...
GBPUSD recently made a downside break from support around the 1.4450 minor psychological level, indicating that price was in for further declines. The pair appears to be making a correction, though, and applying the Fib tool on...
The GBP/USD pair fell during the course of the day on Tuesday, testing the 1.41 level. We did not break down below there though, and as a result I think that this was a difficult day to...
The GBP/USD pair went back and forth during the course of the day on Monday, but ended up forming a shooting star more than anything else. With this being the case, it looks as if we could...
GBPUSD broke below 1.4332 support, indicating that the upward movement from 1.3835 had completed at 1.4769 already. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance levels are at 1.4500 and...
The GBP/USD pair fell significantly during the course of the day on Friday, testing the bottom of the recent consolidation area. If we can break down below the bottom of the range for the Friday session, we...
The GBP/USD pair fell during the day on Thursday, as we broke down below the 1.45 handle. That is a negative sign, and as a result I believe that the market is going to continue to drop,...
The GBP/USD pair initially tried to rally during the day on Wednesday but turn right back around to form a shooting star. The shooting star as you can see sits just above the 1.45 level, so I...
GBPUSD has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame. Price has just bounced off the top of the triangle and might be ready for a test of support. ...
