GBPUSD’s bounce from 1.4080 extended to as high as 1.4591. As long as 1.4600 resistance holds, the bounce could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), another fall towards 1.3700 could...
The GBP/USD pair fell a bit during the course of the session on Friday, but did get back some of the losses by the time we closed. It appears that the market needs to break above the...
The GBP/USD pair had a volatile session on Thursday, but ultimately pull back a little bit to form a somewhat neutral candle. The momentum ran out, but that’s not a huge surprise considering that today is Nonfarm...
The GBP/USD pair initially fell during the day on Tuesday, but turned back around to form a bit of a hammer. The hammer is suggesting that the market is going to try to reach above the 1.45...
GBPUSD recently made a strong downside break from the short-term rising trend line support visible on its 1-hour time frame. This suggests that the pair might be in for a downtrend, although a pullback to the broken...
GBPUSD is in consolidation of the downtrend from 1.5929. Range trading between 1.4080 and 1.4600 could be seen in a couple of weeks. Resistance is at 1.4600, as long as this level holds, the downtrend could be...
The GBP/USD pair fell during the course of the session on Friday, but found a little bit of support below the 1.42 handle. With this being said, the market looks as if it is trying to grind...
The GBP/USD pair rose during the course of the day on Thursday, but we still believe that there is quite a bit of downward pressure on this pair. Because of this, we are simply waiting to see...
The GBP/USD pair fell during the course of the day on Wednesday, as we continue to see quite a bit of bearish pressure in this market. The downtrend of course continues, so we are very interested in...
The GBP/USD pair initially fell on Tuesday but turned back around to break above the 1.43 level. This is a fairly positive sign, but at this point in time we still believe that the 1.45 level above...
