The GBP/USD pair initially fell during the session on Monday, but found enough support at the 1.53 level to turn things back around and form a fairly positive candle. Because of this, it looks as if we...
GBPUSD is facing 1.5479 resistance, a break of this level will signal resumption of the uptrend from 1.4950, then next target would be at 1.5500 area. Support is at 1.5315, only break below this level will indicate...
GBPUSD moved sideways in a trading range between 1.5315 and 1.5479. As long as 1.5315 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4950, and further rise to...
GBPUSD’s rise from 1.4950 extended to as high as 1.5479. Further rise could be expected, and the target would be at 1.5700 area. Support levels are at 1.5180 and 1.4950, only break below these levels could trigger...
The GBP/USD pair fell during the bulk of the session on Friday, but bounced off of the 1.53 region in order to form a hammer. Because of this, it appears that the market is trying to reach...
The GBP/USD pair went back and forth during the course of the session on Thursday as we continue to try to get above the 1.55 handle. There are several things going on at the same time here,...
GBPUSD remains in uptrend from 1.4950, the fall from 1.5479 is likely consolidation of the uptrend. Support is at 1.5315, as long as this level holds, the uptrend could be expected to continue, and next target would...
GBPUSD’s upward movement from 1.4950 extended to as high as 1.5479. Support is at 1.5315, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.5500 area. On...
The GBP/USD pair fell initially during the course of the day on Tuesday, but found enough support near the 1.53 level to turn things back around and form a bit of a hammer. This of course is...
GBPUSD remains in uptrend from 1.4950, the fall from 1.5439 is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend...
