GBPUSD’s upward movement from 1.6692 extended to as high as 1.6958. Further rise to test 1.6996 resistance could be expected, a break of this level will signal resumption of the longer term uptrend from 1.4813 (Jul 9,...
The GBP/USD pair rose during the course of the session on Wednesday, bouncing off of the bottom of the range from the Tuesday session. The 1.68 level offered resistance though, so we stayed well within the very...
GBPUSD remains in uptrend from 1.6692, the fall from 1.6844 could be treated as consolidation of the uptrend. Resistance is at 1.6844, a break above this level will signal resumption of the uptrend, then next target would...
The GBP/USD pair fell during the course of the session on Tuesday, but remains above the vital 1.67 level that we believe is going to be supportive. We think somewhere closer to the 1.67 level we should...
GBPUSD is facing 1.6735 support, a breakdown below this level will signal completion of the uptrend from 1.6692, then the following downward movement could bring price to 1.6600 area. On the upside, as long as 1.6735 support...
The GBP/USD pair rose during the beginning of the session on Monday, but eventually turned back around to form a shooting star for the second session in a row. With this, we feel that this market will...
GBPUSD remains in uptrend from 1.6692. Further rise could be expected after a minor consolidation, and next target would be at 1.6900 – 1.6950 area. Support is at 1.6735, only break below this level will indicate that...
GBPUSD’s upward movement from 1.6692 extended to as high as 1.6844. Further rise would likely be seen, and next target would be at 1.6900 – 1.6950 area. Support is at 1.6735, only break below this level could...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 is likely consolidation of the uptrend. Key support is at 1.6465, as long as this level holds, the uptrend could be expected to...
The GBP/USD pair tried to rally during the session on Friday, but as you can see struggled to keep the gains. By the end of the day, we ended up forming a shooting star, and that of...
