The GBP/USD pair rose slightly during the course of the session on Wednesday, as it looks like we’re trying to continue to go higher. If we can break above the recent consolidation of the last couple of...
The GBP/USD pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is a positive candle, and we also formed one during the previous...
The GBP/USD pair initially fell during the day on Monday, but turned back around to form a very positive candle. The hammer suggests that we are going to go higher, but the biggest problem that we have...
GBPUSD remains in downtrend from 1.5929 (Jun 18, 2015 high), the rise from 1.3835 is likely consolidation of the downtrend. Resistance is at 1.4668, as long as this level holds, the downtrend could be expected to continue,...
The GBP/USD pair initially fell during the course of the day on Friday, but then shot higher in order to form a positive candle. It looks as if the market should continue to go little bit higher,...
The GBP/USD pair initially fell during the course of the session on Thursday, but turned back around to form a fairly positive candle. However, we believe that there is a significant amount of resistance above, especially near...
The GBP/USD pair initially pulled back during the course of the day on Wednesday, but then shot well above the 1.40 level, and even more importantly the top of the shooting star from the Tuesday session. That...
GBPUSD has been trending lower on the longer-term time frames and the recent rally offers an opportunity to short on a pullback. A descending trend line can be drawn to connect the latest highs of price action...
The GBP/USD pair initially tried to rally during the course of the day on Tuesday, but as you can see pullback The 1.40 level. That of course is a large, round, psychologically significant number, and an area...
The GBP/USD pair initially fell during the day on Monday, but then rallied enough to form a fairly strong candle. Nonetheless, we are below the 1.40 level, which should now be resistive considered how supportive and was...
