The GBP/USD pair went back and forth during the day on Wednesday, but found enough resistance near the 1.54 level to turn things back around and fall. However, the 1.53 level offered enough support that the market...
The GBP/USD pair fell initially during the day on Tuesday, but found enough support near the 1.54 level to turn things back around and form a hammer. This is the area that we set had to hold...
The GBP/USD pair did very little during the session on Monday, but quite frankly that’s not going to be much of a surprise. After all, the Memorial Day holiday in the United States would’ve Liquidity low, but...
GBPUSD remains in uptrend from 1.4565, the fall from 1.5814 is likely consolidation of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected to continue, and next target would...
The US dollar strengthen against the British pound drastically during the session on Friday, as the GBP/USD pair tested the 1.55 level. With this, it appears that the market is testing significant support, and a serious decision...
The GBP/USD pair found support at the 1.55 level during the session on Wednesday, forming a slightly positive yet neutral looking candle. If we break the top of the range from the Wednesday session, we believe that...
GBPUSD has been forming higher lows and finding resistance at the 2.1200 to 2.1300 levels, creating an ascending triangle pattern on its 1-hour chart. Price is currently testing the top of the formation at the moment and...
The GBP/USD pair fell during the course of the day on Monday, as the 1.58 level continues to offer significant amount of resistance. Ultimately though, we feel that the 1.55 level below is massively supportive, and that...
GBPUSD has been on a strong uptrend, as the pair has been trading above a rising trend line forming on its 4-hour forex chart. The pair recently rallied up to the 1.5800 major psychological resistance before showing...
GBPUSD broke above 1.5551 resistance, indicating that the downward movement from 1.7190 (Jul 15, 2014 high) had completed at 1.4565 already. The pair is now in uptrend, further rise could be expected after a minor consolidation, and...
