The GBP/USD pair initially rallied during the session on Thursday, testing the 1.57 region. However, we sold off rather drastically and crashed into the 1.55 handle. This is an area that we find very important, so we...
The GBP/USD pair broke higher during the course of the session on Wednesday, but turned back around to form a shooting star. With that, we believe that this market will probably try to drift a little bit...
The GBP/USD pair went back and forth during the course of the day on Tuesday, showing a fairly neutral and benign candle. Because of this, we believe that the buyers are trying to lift this pair. We...
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, and further rise to 1.6500...
The GBP/USD pair went back and forth during the course of the session on Friday, essentially settling on a neutral candle. Because of this, the market looks as if it has plenty of support at the 1.55...
The GBP/USD pair initially fell during the course of the day on Thursday, but found enough support near the 1.56 level to turn things back around and form a bit of a hammer. That hammer is the...
The GBP/USD pair initially fell during the course of the day on Wednesday, but found enough support below at the 1.56 level to turn things back around and form a nice-looking hammer. This hammer of course suggests...
The GBP/USD pair initially fell during the session on Tuesday, but found enough support near the 1.55 level to turn things back around and break above the top of the shooting star from the Monday session. By...
GBPUSD had been trading below a descending trend line since mid-June but the pair recently broke to the upside. This signals that a reversal is in order, especially since price made a pullback to the broken trend...
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 is likely consolidation of the uptrend. Key support is at 1.5170, as long as this level holds, the uptrend could be expected to resume, and one...
