The GBP/USD pair tried to break higher during the course of the session on Monday, but found the 1.55 level above to be far too resistive. With that being the case, the market looks as if it...
GBPUSD remains in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.4700 area. Resistance is at 1.5660, only break...
The GBP/USD pair fell during the course of the day on Friday, but still remains very well elevated after the recent impulsivity that sent this market towards the 1.55 handle. We have no interest whatsoever in selling...
The GBP/USD pair initially fell during the course of the session on Thursday, but found enough support below to turn things back around and form a hammer. Because of this, the hammer suggests that the buyers are...
The GBP/USD pair initially fell during the day on Wednesday, but then shot straight through the air as we broke significantly above the 1.54 level. There is a bit of resistance at the 1.55 handle though, so...
The GBP/USD pair went back and forth during the course of the session on Tuesday, as we not only one higher, but also crashed into the 1.52 level. That’s an area that has been rather supportive, so...
The GBP/USD pair rose slightly during the course of the day on Monday, as the British pound continues to strengthen. That being said, if we can break to a fresh, new high, we feel that the market...
GBPUSD is in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance levels are...
The GBP/USD pair fell during the course of the day on Friday, taking back most of the gains from the Thursday session. With that being said, looks like we could drift a little bit lower from here,...
GBPUSD is starting a downtrend on its short-term time frames, as a descending channel is forming on its 1-hour forex chart. The pair just bounced off the channel support at the 1.5100 major psychological level and might...
