The GBP/USD pair went back and forth during the course of the day on Thursday, testing the 1.57 level. The market showed a neutral candle, so quite frankly it’s almost impossible to imagine place a trade at...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend. Resistance is at the downward trend line on...
The GBP/USD pair broke higher during the course of the day on Wednesday, testing the 1.57 handle. That being the case, the market looks as if it is ready to perhaps bounce around little bit we still...
GBPUSD remains in downtrend from 1.6182, the bounces from 1.5590 could be treated as consoliation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would...
The GBP/USD pair initially tried to rally during the session on Tuesday, but struggled in order to hang onto any type of gains, so therefore we ended up falling. The market is a little bit slow at...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend. Key resistance is located at the trend line, only a clear...
The GBP/USD pair fell during the course of the day on Monday, continuing the downward pressure that we have seen for several sessions. We believe that a break down below the bottom of the hammer from the...
GBPUSD remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend. Key resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the...
GBPUSD looks prime for a pullback as price found support around the 1.5600 major psychological level. The pair appears to be retreating to the descending trend line visible on its 4-hour forex chart. Stochastic has already...
GBPUSD’s downward movement from 1.6182 extended to as low as 1.5592. The downtrend could be expected to continue after a minor consolidation, and next target would be at 1.5500 area. Near term resistance is at 1.5755, and...
