The GBP/USD pair initially tried to rally during the course of the session on Monday, but as you can see ended up forming a shooting star as we closed just below the 1.51 handle. The real support...
GBPUSD is facing 1.5034 support, a breakdown below this level will indicate that the downtrend from 1.5785 has resumed, then next target would be at 1.4700 area. However, as long as 1.5034 support holds, sideways consolidation could...
GBPUSD is in consolidation of the downtrend from 1.5785. Another rise to 1.5300 area to complete the consolidation is possible. However, as long as 1.5300 resistance holds, the downtrend could be expected to resume, and further decline...
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.5034 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart, as long as the trend line...
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a relatively neutral candle. That being the case, the market looks as if it is still continue to find buyers down here, but...
The GBP/USD pair fell during the course of the session on Thursday, but found support again near the 1.5775 level, and therefore it looks like the market still is retaining its footing on a possible move higher....
GBPUSD is in consolidation of the downtrend from 1.5785. Range trading between 1.5034 and 1.5300 would likely be seen in a couple of days. Resistance is at 1.5300, as long as this level holds, the downtrend could...
The GBP/USD pair broke higher during the session on Wednesday, clearing the top of two hammers in a row. Because of this, it should be a decent buying opportunity. That being the case, the market should continue...
GBPUSD remains in downtrend from 1.5785, the rise from 1.5034 is likely consolidation of the downtrend. Range trading between 1.5034 and 1.5300 could be seen in a couple of days. Resistance is at 1.5300, as long as...
The GBP/USD pair fell during the course of the session on Tuesday, but found enough support at the 1.51 level to form a nice-looking hammer. This hammer of course suggests that there are still buyers below and...
