The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a fairly negative candle. It appears that we are reaching down towards the 1.50 level, where...
The GBP/USD pair initially tried to rally during the day on Monday but found enough resistance of the 1.52 level to turn things around and form a rather negative candle. We believe that the GBP/USD pair will...
GBPUSD remains in downtrend from 1.5929, the rise from 1.5027 is likely consolidation of the downtrend. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could...
The GBP/USD pair fell during the course of the session on Friday, testing the 1.52 level. The weekly candle was a shooting star, so it seems as if it’s only a matter time before he break down....
The GBP/USD pair had a volatile session on Thursday, as we rose towards the 1.5350 level, but found it to be a bit too resistive. We also fell to the 1.52 level as well, and that area...
The GBP/USD pair initially rallied on Wednesday but turned back around yet again in order to form a shooting star. Because of this, we recognize that the market seems to be meandering around the 1.52 level, but...
The GBP/USD pair initially fell during the day on Tuesday, but broke back to the upside and above the 1.52 level during the day. Nonetheless, we are still very much in consolidation, so we feel that this...
The GBP/USD pair initially fell during the course of the day on Monday, but found enough support at the 1.52 level to turn things back around to form a bit of a hammer. This being the case,...
GBPUSD is consolidating tightly in a symmetrical triangle pattern visible on a short-term time frame, just below an area of interest indicated on the 4-hour time frame. Price could go either way, depending on the outcome of...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.5929. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
