GBPUSD continued its sideways movement in a range between 1.5170 and 1.5929. Key support is at 1.5170, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.4565, further...
The GBP/USD pair fell initially during the day on Friday, but turned back around to form a rather positive candle. By doing so, looks as if the market is ready to continue going further to the upside,...
The GBP/USD pair initially tried to fall during the course of the day on Thursday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign,...
The GBP/USD pair broke higher during the course of the day on Wednesday, slamming into the top of the resistance of this consolidation area again. We believe that the 100 day exponential moving average below continues offer...
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found enough resistance to the 1.56 level to turn things back around and form a shooting star. The shooting star of...
The GBP/USD pair initially fell during the day on Monday, but found enough support at the 100 day exponential moving average to turn things back around and shoot higher. Keep in mind that there is an uptrend...
GBPUSD stays in a trading range between 1.5170 and 1.5929. As long as 1.5170 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4565, another rise towards 1.6500 could...
The GBP/USD pair fell during most of the session on Friday, but did bounce off of the uptrend line that is just below. With this, the market should find buyers on a break above the top of...
GBPUSD broke below the ascending triangle support on its 4-hour chart, signaling that price is in for more declines. The chart pattern is around 300 pips in height so the resulting selloff could last by the same...
GBPUSD is consolidating inside an ascending triangle pattern on its 4-hour chart ahead of today’s event risks. Price just bounced off the bottom of the formation and may be due for another test of resistance around the...
