GBPUSD remains in uptrend from 1.6692, the fall from 1.7179 is likely consolidation of the downtrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7179. Further rise could be expected after a minor consolidation, and next target would be at 1.7300 area. Key support is located at the lower line of...
GBPUSD’s upward movement from 1.4813 (Jul 9, 2013 low) extended to as high as 1.7179. Further rise is still possible next week, and next target would be at 1.7500 area. Near term support is located at the...
The GBP/USD pair went back and forth on Friday, hanging about the 1.7150 level. This market looks extraordinarily bullish at this point in time, so a break of the top of the range for the Friday session...
The GBP/USD pair fell during the course of the session on Thursday, but as you can see turn it back around at the 1.71 handle as it found significant support. With that, the market formed a massive...
GBPUSD remains in uptrend from 1.6692, the fall from 1.7176 is likely consolidation of the uptrend. Key support is now located at the lower line of the price channel on 4-hour chart. As long as the channel...
The GBP/USD pair went slightly higher during the session on Wednesday, but looks as if it’s trying to build up enough steam to go higher. The markets been rather strong recently, so it’s interesting to see how...
GBPUSD remains in uptrend from 1.6692, and the rise extended to as high as 1.7176. Near term support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the...
The GBP/USD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get...
GBPUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.6692. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
