GBPUSD’s downward movement from 1.6643 extended to as low as 1.6059. Further decline could be expected after a minor consolidation, and next target would be at 1.5700 area. Resistance is at 1.6235, only break above this level...
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6091. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Near term resistance is...
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6168. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Near term resistance is at 1.6280, only break above...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.6280. As long as the trend line resistance holds, the downtrend could be...
The GBP/USD pair broke higher during the course of the day on Friday, after falling significantly on Thursday. That being the case, the 1.63 level offered enough support in order to turn things back around for the...
GBP/USD fell during the course of the day on Thursday, breaking down significantly. In fact, we are already testing the 1.63 handle, and as a result we feel that the market will continue to sell off and...
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6286. Further decline could be expected after a minor consolidation, and next target would be at 1.6000 area. Resistance is at 1.6380,...
The GBP/USD pair fell during the session after initially going back and forth on Wednesday, as the market looks ready to continue going much lower. With that, we are very negative and recognize that the GBP/USD pair...
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440. Further decline is still possible after a minor consolidation, and next target would be at 1.6200 area. Resistance is at 1.6510, only break above this level...
The GBP/USD pair fell hard during the day on Wednesday, as the British pound finally cracked below the 1.65 handle. The area just below is massively supportive though, so it is a bit difficult to start selling,...
