GBPUSD is facing 1.7010 resistance, a break above this level will signal resumption of the uptrend from 1.6692, then next target would be at 1.7100 area. Support is 1.6900, only break below this level could signal completion...
The GBP/USD pair fell during most of the session on Tuesday, but bounced near the 1.6950 level in order to turn around and form a hammer. This hammer suggests that the market is building pressure to breakout...
GBPUSD is in consolidation of the uptrend from 1.6692. Range trading between 1.6900 and 1.7010 would likely be seen in a couple of days. Support is at 1.6900, as long as this level holds, the uptrend could...
After the sharp rally in the past couple of days, GBP/USD is now stalling at a major psychological resistance level, which is also around the yearly highs at 1.7000. Stochastic is moving down, which means that pound...
The GBP/USD pair tried to break out and above the 1.70 handle during the session on Monday. However, as you can see we ended up turning back around and forming a shooting star. With this candle, we...
GBPUSD remains in uptrend from 1.6692, the fall from 1.7010 is likely consolidation of the uptrend. Support is at 1.6900, as long as this level holds, the uptrend could be expected to resume, and next target would...
GBPUSD is facing 1.6996 resistance, a break above this level will indicate that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed, then the following upward movement could bring price to 1.7300 area. Near term support...
GBPUSD is facing 1.6996 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then next target would be at 1.7300 area. Key support is now at 1.6692, only...
The GBP/USD pair tried to rally during the course of the session on Friday, but the 1.70 level offers resistance yet again. This area turned the market back around and formed a shooting star, and as a...
The GBP/USD pair rose during the course of the session on Thursday, breaking above the 1.68 level, opening the path to the 1.70 level given enough time. We believe the pullbacks will continue to be opportunities to...
