GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.7190, the rise from 1.6536 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...
The GBP/USD pair gapped lower at the open on Monday, but turn things back around in order to form a fairly bullish candle for the day. With that, it appears that the British pound is starting to...
GBPUSD remains in downtrend from 1.7190, the rise from 1.6536 could be treated as consolidation of the downtrend. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds,...
GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.6536. Near term resistance is at 1.6600, and the key resistance is located at the downward trend line on 4-hour chart, only...
GBPUSD is now in downtrend from 1.7190, and the fall extended to as low as 1.6560. Further decline could be expected over the next several weeks, and next target would be at 1.6000 area. Resistance is at...
The GBP/USD pair fell hard during the course of the day on Tuesday as CPI numbers out of the United Kingdom came out much less strong than anticipated. Because of this, the British pound loss strength and...
GBPUSD broke below 1.6657 support, indicating that the downtrend from 1.7190 has resumed. Further decline could be expected, and next target would be at 1.6500 area. Resistance is located at the downward trend line on 4-hour chart,...
The GBP/USD pair gapped higher at the open on Monday, and then simply sat there. We clear the 1.67 handle, and as a result we believe that this market will go higher. The 1.68 level is resistance...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190, the bounce from 1.6657 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
GBPUSD remains in downtrend from 1.7190, the rise from 1.6657 is likely consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...
