Tag: GBPUSD

The GBP/USD pair broke higher during the day on Tuesday, as we continue to drive towards the 1.45 level. We believe that short-term pullbacks might be buying opportunities now, as the market has been consolidating between the...

GBPUSD has been moving sideways on its 4-hour chart, bouncing off support at the 1.4050 minor psychological mark and finding resistance at the 1.4450 minor psychological level. Price is gearing up for a test of resistance once...

The GBP/USD pair initially fell on Monday but turned right back around to form a very positive looking candle. However, we are still very much in consolidation and approaching a resistive area that caused quite a bit...

The GBP/USD pair initially fell during the course of the day on Thursday, but turned back around to form a hammer. The hammer of course is a bullish sign, and with that being the case we could...

The GBP/USD pair fell during the course of the day on Wednesday, showing that we are starting to roll over a little bit in this pair as we continue to make lower highs. With this being the...

The GBP/USD pair rose during the course of the session on Monday, showing quite a bit of strength. Ultimately, this is a market that has been consolidating between the 1.40 level on the bottom, and the 1.45...

GBPUSD has formed a head and shoulders pattern on its 4-hour time frame, suggesting a potential reversal from the previous uptrend. Price is testing the neckline around the 1.4050-1.4100 levels and a break could be enough to...

The GBP/USD pair rose during the course of the session on Friday, as we continue to see quite a bit of supportive action just below. The 1.40 level looks to be massively supportive, as we have been...