The GBP/USD pair fell during the day on Wednesday, as the market continues to show negativity. We bounced enough to form a hammer though, and as a result it looks as if the market may have a...
The GBP/USD pair broke down during the course of the session on Tuesday, breaking well below the 1.45 level. With that, the market looks as if the British pound is going to continue to suffer, and with...
The GBP/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star. The shooting star sits just above the 1.45 handle though,...
GBPUSD broke below 1.4565 (Apr 13, 2015 low) support. Further decline could be expected after a minor consolidation, and next target would be at 1.4000 area. Near term resistance is at 1.4750, as long as this level...
The GBP/USD pair fell significantly during the course of the session on Friday, breaking down below the bottom of the hammer from the Thursday session. We tested the 1.45 level for support, and as a result it...
The GBP/USD pair fell during the day on Thursday, testing the 1.45 level just below. Having said that, the market bounce significantly in order to form a bit of a hammer, which of course is a very...
The GBP/USD pair fell during the course of the session on Wednesday, as we continue to grind our way lower. Any rally at this point in time should be a selling opportunity, and as a result we...
The GBP/USD pair fell during the course of the day on Tuesday, forming a slightly negative candle. The market looks as if it is going to continue to sell off every time it tries to rally though,...
The GBP/USD pair initially tried to rally during the day on Monday, but turned back around to form a very negative looking candle. The shooting star at the bottom of a downtrend is of course a very...
GBPUSD’s downward movement from 1.5929 extended to as low as 1.4732. Further decline to test 1.4565 previous low support is possible next weeks. Resistance is at the downward trend line on daily chart, only a clear break...
