Being contained by the lower line of the price channel on 4-hour chart, GBPUSD rebounded from 1.6832, indicating that the pair remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6996 could be treated...
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. A clear break below the channel support will confirm that the uptrend from 1.6465 (Mar 24 low) had completed at 1.6996...
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 could be treated as consolidation of the uptrend. Near term support is located...
The GBP/USD pair fell hard during the session on Friday, testing the 1.6850 level. This area offered a little bit of support, but we feel that the real support as down at the 1.68 handle. Because of...
The GBP/USD pair went back and forth during the session on Thursday, forming a relatively neutral candle with a slightly negative bias. At the end of the day though, we are only buying this pair, and not...
After making a strong break past the 1.6800 major psychological resistance earlier in the week, GBP/USD might need to make a quick pullback before pushing for more gains. After all, the BOE interest rate decision turned out...
GBPUSD remains in uptrend from 1.6465 (Mar 24 low), the fall from 1.6996 is likely consolidation of the uptrend. Support is located at the trend line on 4-hour chart. As long as the trend line support holds,...
The GBP/USD pair fell slightly during the session on Wednesday, as the 1.70 level continues to offer resistance. This was a longer-term target of ours, and as a result we were happy to get out of the...
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465 (Mar 24 low), the fall from 1.6996 could be treated as consolidation of the uptrend. As long as the trend line...
GBPUSD’s upward movement from 1.6465 (Mar 24 low) extended to as high as 1.6996. Key support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
