GBPUSD remains in uptrend from 1.5951, the fall from 1.6226 is likely correction of the uptrend. As long as 1.5951 key support holds, the uptrend could be expected to resume, and one more rise to 1.6400 area...
GBPUSD is now in uptrend from 1.5951, the fall from 1.6226 could be treated as consolidation of the uptrend. Further rise would likely be seen, and next target would be at 1.6350 area. Key support is at...
GBPUSD remains in downtrend from 1.7190, the price action from 1.6051 is likely consolidation of the downtrend. Key resistance is at 1.6524, as long as this level holds, the downtrend could be expected to resume, and next...
The GBP/USD pair fell during the course of the day on Friday, but found enough support at the 1.6000 level to turn things back around and form a hammer. Because of this, it is possible that we...
The GBP/USD pair tried to rally during the course of the session on Thursday, but failed to hang onto the gains and turned back around to form a negative candle. With this, we think that the bearish...
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.6524 had completed at 1.5951 already. Further rise is still possible, and next target would be at 1.6300 area. Support is at...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend from 1.6524, another fall...
The GBP/USD pair broke much higher during the course of the day on Monday, breaking out above the 1.6050 region. The market still is a very bearish though, so we have no interest whatsoever in buying this...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, as long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend. Another...
GBPUSD has been in a steady downtrend in the past weeks, more so last Friday when the US released a strong NFP reading. Price has dropped from the 1.6150 area to 1.5950 where it is currently consolidating....
