GBP/USD Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:19 am
The GBP/USD pair went back and forth during the course of the session on Thursday, forming a relatively neutral candle, but we did have quite a bit of volatility during the day, which of course means that...

GBP/USD Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:03 am
The GBP/USD pair broke higher during the course of the session on Wednesday, as we continue to grind our way to higher levels. Now that we have touched and broken above the 1.53 level, we feel that...

GBP/USD Forecast October 7, 2015, Technical Analysis

by FX Empire | October 7, 2015 6:03 am
The GBP/USD pair rose during the session on Tuesday, as we continue to meander around the 1.52 handle. We have no interest whatsoever in buying this market though, even though it looks as if the market is...

GBP/USD Forecast October 6, 2015, Technical Analysis

by FX Empire | October 6, 2015 5:58 am
The GBP/USD pair initially tried to rally but then turned back around to form a rather negative candle. Ultimately, this is a market that is simply bouncing around an area that is a lot of noise. If...

GBPUSD Weekly Analysis – October 4, 2015

by ForexCycle.com | October 4, 2015 4:56 am
GBPUSD remains in downtrend from 1.5929. Further decline could be seen over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could...

GBP/USD Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:47 am
The GBP/USD pair initially tried to rally during the course of the day on Friday, but found the area above the 1.52 level to be far too resistive to continue going higher. Because of this resistance, we...

GBP/USD Forecast October 2, 2015, Technical Analysis

by FX Empire | October 2, 2015 5:12 am
The GBP/USD pair went back and forth during the course of the session on Thursday, as we continue to struggle just below the 1.52 level. That being the case, the market looks as if it still will...

GBP/USD Forecast October 1, 2015, Technical Analysis

by FX Empire | October 1, 2015 5:46 am
The GBP/USD pair initially tried to rally during the course of the day on Wednesday, but found the 1.52 level be far too resistive. By doing so, the market turned back around to form a bit of...

GBP/USD Forecast September 30, 2015, Technical Analysis

by FX Empire | September 30, 2015 5:41 am
The GBP/USD pair went back and forth during the course of the day on Tuesday, testing the 1.52 level for resistance. However, we could not break above that area so it looks as if the market is...

GBP/USD Forecast September 29, 2015, Technical Analysis

by FX Empire | September 29, 2015 6:18 am
The GBP/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a shooting star of sorts. This candle is at the very lows that we have made...