GBPUSD broke below the lower line of the price channel on 4-hour chart, indicating that lengthier consolidation of the uptrend from 1.6692 is underway. Range trading between 1.6921 and 1.7062 would likely be seen in a couple...
The GBP/USD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat. Ultimately, we do feel that this market goes higher, as it...
GBPUSD remains in uptrend from 1.6692, the fall from 1.7062 could be treated as consolidation of the uptrend. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support...
GBP/USD has recently made a strong convincing break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.7062. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to...
GBPUSD broke above 1.6996 resistance, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.7300 area. Key support is at 1.6692, only break...
The GBP/USD pair tried to rally initially during the session on Friday, but pulled back to test the 1.70 level. This level was the site of a significant breakout, so the fact that we pulled back during...
The GBP/USD pair broke out during the session on Thursday, clearing the 1.70 level. That being the case, the market looks as if it’s ready to continue going higher, and this level giving way is a massively...
GBPUSD broke above 1.7010 resistance, and the upward movement from 1.6692 extended to as high as 1.7062. Support is now at 1.6960, as long as this level holds, the uptrend could be expected to continue, and next...
The GBP/USD pair initially fell during the session on Wednesday, but found enough support below to turn things back around and climbed towards the 1.70 level. With that being the case, the market made a massive challenge...
