The GBP/USD pair tried to rally during the session on Tuesday, but as you can see giveback some of the gains. We’re still well within the consolidation area, so we really don’t see much in the way...
After breaking above 1.6841 resistance, GBPUSD pulled back from 1.6857, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Range trading between 1.6750 and 1.6860 would likely be seen in a couple of days. Key...
The GBP/USD pair broke out to the upside during the session on Monday, but as you can see pulled back enough to form a massive shooting star. Even though this is a very sign, we feel that...
GBPUSD remains in uptrend from 1.6465, the fall from 1.6841 is likely consolidation of the uptrend. Deeper decline is still possible, and next target would be at 1.6730 area. Resistance is at 1.6841, a break above this...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low). Near term support is located at the bottom of the channel, as long as the channel support...
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a very neutral candle. We are closed at the 1.68 handle, and as a result we feel that ultimately we will break higher,...
The GBP/USD pair fell initially during the session on Thursday, but found enough support below at the 1.68 level to push things higher inform something along the lines of a hammer. We’re the bottom of the recent...
The GBP/USD pair fell during the session on Wednesday, breaking down below the 1.68 level during the day. However, the market still has plenty of support below, and as a result we feel that buying the British...
GBPUSD failed to break above 1.6841 resistance and pulled back to 1.6762, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline to test 1.6660 would likely be seen, as long as this level...
GBPUSD is facing 1.6841 resistance, a break above this level will signal resumption of the uptrend from 1.6465, then the following upward movement could bring price to 1.7000 area. Near term support is now at 1.6770, only...
