GBP/USD Forecast September 4, 2015, Technical Analysis

by FX Empire | September 4, 2015 5:50 am
The GBP/USD pair fell during the course of the day on Thursday, but found enough support just above the 1.52 level to turn things back around and form a hammer. With this, it will be interesting see...

GBP/USD Forecast September 3, 2015, Technical Analysis

by FX Empire | September 3, 2015 6:29 am
The GBP/USD pair fell during the bulk of the session on Wednesday, but found enough support near the 1.5250 level to turn things back around and form a nice-looking hammer. The hammer of course suggests that the...

GBP/USD Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:41 am
The GBP/USD pair broke down during the course of the day on Tuesday, breaking the bottom of two hammers from previous trading, and as a result the market looks as if it is going to continue going...

GBPUSD Weekly Analysis – August 30, 2015

by ForexCycle.com | August 30, 2015 8:20 am
GBPUSD failed to break above 1.5929 resistance, and stayed in the trading range between 1.5170 and 1.5929. Support is at 1.5170, as long as this level holds, the price action from 1.5814 could be treated as consolidation...

GBPUSD Retracement Setup (Aug 26, 2015)

by Kate Curtis | August 26, 2015 7:21 am
GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally. The Fib tool appliced on the swing low and high on the 4-hour chart shows that...

GBP/USD Forecast August 26, 2015, Technical Analysis

by FX Empire | August 26, 2015 7:02 am
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.58 level be far too resistive. Because of this, we turned back around and we close to the day...

GBPUSD Weekly Analysis – August 23, 2015

by ForexCycle.com | August 23, 2015 7:01 am
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 could be treated as consolidation of the uptrend. Sideways movement in a range between 1.5170 and 1.5929 could be expected to continue over the next several...

GBP/USD Forecast August 24, 2015, Technical Analysis

by FX Empire | August 23, 2015 2:42 am
The GBP/USD pair went back and forth during the course of the day on Friday, essentially settling on a neutral candle. However, it does look like we are trying to break higher so therefore we are buyers...

GBP/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:51 am
The GBP/USD pair initially broke higher during the course of the day on Wednesday, but found enough resistance above the turn things back around and form a bit of a shooting star. The shooting star is of...

GBP/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:25 am
The GBP/USD pair initially tried to rally during the day on Tuesday, but as you can see ran into quite a bit of trouble once we got to the 1.57 region. Because of this, it looks like...