GBPUSD continued its sideways movement in a range between 1.5874 and 1.6226. Resistance is at 1.6226, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...
GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 is likely consolidation of the downtrend. Resistance levels are at 1.6230 and 1.6524, as long as these levels hold, the downtrend could be expected to resume,...
The GBP/USD pair initially fell during the course of the day on Friday, but found support yet again at the 1.60 level and bounced enough to break the top of the hammer from the Thursday session. This...
The GBP/USD pair initially fell during the course of the day on Thursday, but tested the 1.60 level in found plenty of support there. That being the case, the market looks like it wants to go higher...
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be...
The GBP/USD pair fell during the session on Wednesday, but found the 1.60 level to be supportive as one would anticipate. Because of this, we are bit leery of getting involved as we are so close to...
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
The GBP/USD pair fell slightly during the session on Tuesday, showing that we are in fact going to have to fight our way higher. The weekly candle was a hammer, and although we have not broken the...
GBPUSD is facing 1.6226 resistance, as long as this level holds, the price action in the range between 1.5874 and 1.6226 could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could...
The GBP/USD pair broke higher during the course of the day on Monday, heading higher and aiming for the 1.62 handle. The 1.63 handle above is where we expect a lot of resistance to come into play,...
