The GBP/USD pair fell slightly during the session on Monday, as the gap continues to push the market a little bit lower. However, if we can get above the 1.63 level, we feel that this market will...
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 could be treated as consolidation of the downtrend. Key resistance is located at the downward trend line on 4-hour chart, as long as the...
GBPUSD is currently testing a key area of interest as seen on its daily time frame, which could mean that the recent selloff could reverse. Stochastic is starting to move up from the oversold zone, indicating that...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend. Key resistance is located at the trend line,...
GBPUSD remains in downtrend from 1.7190, the rise from 1.6051 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...
The GBP/USD pair initially fell during the course of the day on Friday, but found enough support below in order to form a nice-looking hammer. We have not broken above the gap from the beginning of the...
GBPUSD’s bounce from 1.6051 extended to as high as 1.6276, however, the bounce is likely consolidation of the downtrend from 1.7190 (Jul 15 high), as long as the trend line resistance holds, the downtrend could be expected...
The GBP/USD pair as you can see initially fell during the course of the day on Wednesday, but bounced enough to head back towards the 1.62 level. We are just below a gap from the beginning of...
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend. Near term resistance is at 1.6235, and the key resistance is at located at he falling trend line...
The GBP/USD pair went back and forth during the day on Tuesday, as we continue to see significant bearishness in this market. We think that any bouncer this point time will find quite a bit of resistance...
