The GBP/USD pair initially rallied during the session on Monday, but found enough resistance at the 1.58 level to keep the market somewhat muted. With that, we believe that ultimately this market will go higher but we...
The GBP/USD pair went back and forth on Friday, essentially doing nothing. However, we did find out is that the 1.57 level continues to be supportive, and therefore we feel that it’s only a matter of time...
GBPUSD is in uptrend from 1.5170, the fall from 1.5929 is likely consolidation of the uptrend. Support is at 1.5550, as long as this level holds, the uptrend could be expected to continue and next target would...
The GBP/USD pair bounced off of the 1.57 level in order to form a positive candle. However, the market looks as if it is ready to go higher, and that it’s only a matter of time before...
The GBP/USD pair had a pretty volatile session during the day on Wednesday, as we touched the 1.58 level, and then turned back around to break below the 1.57 level. Ultimately though, the 1.57 level did offer...
The GBP/USD pair broke out a few sessions ago as we cleared the 1.58 handle. On Monday, we pulled back to find support at that previous resistance barrier, something that you would expect if you use technical...
GBPUSD broke above 1.5814 resistance, indicating that the uptrend from 1.4565 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.6500 area. Near term support is at 1.5550,...
The GBP/USD pair initially fell on Friday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign, and the fact that we broke above the...
The GBP/USD pair broke much higher during the course of the session on Wednesday as we finally cleared the 1.58 level. Because of this, we feel that the market has broken out and it’s only a matter...
The GBP/USD pair initially fell during the day on Wednesday, but found enough support below yet again to turn things back around and form a hammer. With this, the market looks like it is still very bullish,...
