The GBP/USD pair fell during the course of the session on Monday, testing the 1.5350 region. This is an area where the buyers should start to step back in, and therefore we like buying supportive candles on...
GBPUSD’s rise from 1.4950 extended to as high as 1.5439. Further rise is still possible after a minor consolidation, and next target would be at 1.5500 area. Near term support is at the bottom of the price...
GBPUSD remains in uptrend from 1.4950, and the rise extended to as high as 1.5435. Further rise could be expected, and next target would be at 1.5500 area. Support is at 1.5195, only break below this level...
GBPUSD broke above the downward trend line on daily chart, indicating that the downtrend from 1.7190 (Jul 15, 2014 high) had completed at 1.4950 already. Further rally would likely be seen over the next several weeks, and...
The GBP/USD pair fell slightly on Friday, keeping a fairly bullish tone overall. The pair should continue to go higher though, as the 1.55 level should be targeted in general. The market will more than likely find...
The GBP/USD pair had a very strong session on Thursday as we broke above the top of the shooting star from Wednesday. This was based upon the last few sessions of upward momentum, and we feel now...
GBPUSD’s upward movement from 1.4950 extended to as high as 1.5414. Support is now at 1.5195, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.5500 area....
The GBP/USD pair tried to break higher during the course of the session on Wednesday, but struggled to continue to go higher. However, there is a significant amount of resistance below in this particular pair. With that,...
GBPUSD remains in uptrend from 1.4950, the fall from 1.5351 could be treated as 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 GBP/USD pair fell initially during the session on Monday, but for the second day in a row bounced enough to form a hammer. That hammer of course suggests that there are buyers below and the fact...
