The GBP/USD pair broke much higher during the course of the session on Friday, slicing through the 1.55 handle. With that being the case, the market looks as if it is a rally just waiting to happen....
The GBP/USD pair initially tried to rally during the session on Thursday, but found the area above the 1.54 level be a bit resistive. Because of this, we ended up forming a shooting star but we do...
The GBP/USD pair had a fairly negative session on Wednesday, as the world continues to run toward safety asset such as the US dollar. However, we are getting close to a significant amount support that extends all...
The GBP/USD pair broke down significantly during the session on Tuesday, slicing through the 1.55 handle. This was an area that we had suggested as being massively supportive, so now that we have broken down below it,...
The GBP/USD pair broke higher during the session on Monday, as the 1.55 level offered quite a bit of support. That support is what we needed to see in order to start buying again, because we recognize...
GBPUSD is facing 1.5550 support, a breakdown below this level will indicate that lengthier consolidation for the uptrend from 1.4565 is underway, then deeper decline to 1.5300 area could be seen. On the upside, as long as...
The GBP/USD pair fell slightly during the course of the session on Friday, as we continue to see weakness overall. However, there is a 1.55 barrier that should be rather supportive, and the buyers will more than...
GBP/USD pair initially tried to rally during the day on Wednesday, but found the area above the 1.57 level to be a bit too rich. We fell, but we are still well above the 1.55 level, which...
GBPUSD is currently testing the rising trend line connecting the recent lows of price action on the 4-hour time frame. The pair is also drawing support at the 50% Fibonacci retracement level and the 100 SMA. Stochastic...
The GBP/USD pair went back and forth during the course of the day on Tuesday, bouncing off the 1.57 level again. This is an area that looks like it is rather supportive, so at this point in...
