The GBP/USD pair fell significantly during the course of the day on Thursday, breaking the back of a hammer from the Wednesday session. Because of this, and the fact that we close towards the bottom of the...
The GBP/USD pair fell initially during the course of the day on Wednesday, but found enough support to turn things back around and form a hammer. Ultimately, the market looks as if the market is trying to...
The GBP/USD pair fell significantly during the course of the session on Tuesday, testing the 1.48 level. If we can break down below the bottom of the range, we feel as if this market is going down...
The GBP/USD pair fell during the day on Monday, as we continue to drift lower. We believe that the market is negative overall, and as a result we are willing to sell rallies as they show signs...
GBPUSD continued its downward movement from 1.5929, and the fall extended to as low as 1.4805. Further decline could be expected after a minor consolidation, and next target would be at 1.4700 – 1.4800 area. Resistance is...
The GBP/USD pair rose during the course of the session on Thursday, struggling at the 1.49 area. However, this market looks as if it will have to make some type of decision soon, so we are very...
The GBP/USD pair bounced during the session on Wednesday, using the 1.48 region as a bit of a springboard. However, there is a significant amount resistance of the 1.49 level, as we have seen recently, so having...
The GBP/USD pair fell during the course of the session on Tuesday, breaking down to a fresh, new low. As we approach the 1.48 level, there might be a little bit of psychological support, but ultimately this...
The GBP/USD pair tried to rally initially during the day on Monday, but struggled at the 1.49 level as we turned around and form a fairly bearish looking candle. Ultimately, we believe that every time this market...
GBPUSD’s downward movement from 1.5929 extended to as low as 1.4865. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to...
