GBPUSD remains in downtrend from 1.5785, further decline could be expected after a minor consolidation, and next target would be at 1.4900 area. Resistance is at 1.5300, only break above this level could signal completion of the...
The GBP/USD pair fell during the session on Tuesday, testing the very bottom of the hammer that informed from Monday. This is a very negative sign, and as a result if we break the bottom of the...
GBPUSD’s downward movement from 1.5785 extended to as low as 1.5101. Further decline is still possible after a minor consolidation, and next target would be at 1.5000 area. Resistance is at 1.5350, only break above this level...
The GBP/USD pair broke down during the session initially on Monday, but as you can see found a little bit of support below. Ultimately, we feel that this market is going to bounce from here, and head...
GBPUSD remains in downtrend from 1.5785, the rise from 1.5167 could be treated as consolidation of the downtrend. Resistance is at 1.5380, as long as this level holds, the downtrend could be expected to continue, and next...
GBPUSD’s downward movement from 1.5785 extended to as low as 1.5167. Further decline could be expected after a minor consolidation, and next target would be at 1.5000 area. Resistance is at 1.5380, as long as this level...
GBPUSD’s downward movement from 1.7190 (Jul 15, 2014 high) extended to as low as 1.5324. Further decline could be expected, and next target would be at 1.5000 area. Key resistance is at 1.5825, only break above this...
The GBP/USD pair fell hard during the course of the session on Friday, as we sliced through the 1.55 level with almost no effort at all. Because of this, we believe that this market continues down to...
The GBP/USD pair tried to rally during the course of the day on Wednesday, but failed at the 1.56 region in turn things back around to form a shooting star. While this is a fairly negative sign,...
The GBP/USD pair bounced during the session on Tuesday, using the 1.55 level as it bit of a springboard. With that being the case, looks like we’re not ready to break down below the 1.55 handle, but...
