The GBP/USD pair rose during the day, breaking out to a fresh new high on Monday. With that being the case, the market should continue to go towards the 1.48 level, and then eventually the 1.50 level....
GBPUSD is facing 1.4668 resistance, a break of this level will indicate that the downtrend from 1.5929 (Jun 18, 2015 high) had completed at 1.3835 already, then the following upward movement could bring price to 1.5300 area....
The GBP/USD pair rose during the day on Thursday, as we continue to see a bit of support near the 1.45 handle. Because of this, it looks as if we are trying to continue to grinder way...
The GBP/USD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle. With this, it looks like we are going to test the...
The GBP/USD pair broke above the 1.45 level significantly during the day on Tuesday, which is exactly what we have been waiting for here at FX Empire as a sign of bullish momentum in the British pound...
The GBP/USD pair initially fell during the course of the session on Monday, but turned back around and reached above the 1.45 handle. The area above there is massively resistive, so having said that it appears that...
GBPUSD moved sideways without trend in a trading range between 1.3835 and 1.4668 for several weeks. Key resistance is at 1.4668, as long as this level holds, the price action in the range could be treated as...
The GBP/USD pair broke higher during the course of the session on Friday, testing the top of the shooting star from the Thursday session. That being the case, the market looks as if there is quite a...
The GBP/USD pair initially tried to rally during the course of the day on Thursday, but turned back around and ended up forming a bit of a shooting star. That being the case, the market should continue...
The GBP/USD pair went back and forth during the day on Wednesday, as we are starting to run out of momentum to the upside. This is not a huge surprise, quite frankly we are getting close enough...
