The GBP/USD pair fell during a significant portion of the session on Tuesday, but as we have seen time and time again, the market finds buyers below. With that, we find this market to be bullish, and...
After touching the lower line of the price channel on 4-hour chart, GBPUSD rebounded from 1.6660, indicating that the pair remains in uptrend from 1.6465. Another rise could be expected, and next target would be at 1.7000...
The GBP/USD pair initially fell during the session on Monday, but bounced enough to form a hammer that is essentially centered on the 1.67 level. With that, we believe that the market continues to go higher. A...
GBPUSD’s fall from 1.6820 extended to as low as 1.6696. Deeper decline is still possible and the target would b at the lower line of the price channel on 4-hour chart. As long as the channel support...
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465, the fall from 1.6820 could be treated as consolidation of the uptrend. Deeper decline would likely be seen, and the target...
GBPUSD is facing 1.6822 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then the following upward movement could bring price to 1.7500 area. On the downside, as...
The GBP/USD pair fell during the session on Friday, but as you can see there is plenty of noise below and it has been a fairly impulsive market to the upside recently. With that, we are still...
The GBP/USD pair fell during the bulk of the session on Thursday, but bounced enough to form a little bit of a hammer. This area looks as if it is attracting more buyers, and that we will...
GBPUSD remains in uptrend from 1.6465, the fall from 1.6820 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.7000 area. Support is located at the lower...
GBPUSD continued its upward movement from 1.6553 and the rise extended to as high as 1.6820. Support is at 1.6725, as long as this level holds, the uptrend could be expected to continue, and next target would...
