The GBP/USD pair fell during the session on Tuesday, but did not break below the lows from the Monday session. With that, we feel that the market will simply go sideways in the short-term, but if we...
GBPUSD broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 1.6465 is underway. Range trading between 1.6598 and 1.6684 would likely be seen. As long as 1.6598 support holds, the...
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465, and the rise extended to as high as 1.6684. As long as the trend line support holds, the uptrend could be...
The GBP/USD pair initially fell during the session on Monday, but found enough support below the range for the day that the market bounce back up and formed a hammer. This hammer of course suggests that we...
GBPUSD continued its upward movement from 1.6465, and the rise extended to as high as 1.6656. Further rise could be expected, and next target would be at 1.6750 area. Support is at 1.6580, only break below this...
Being contained by the lower line of the price channel on daily chart, GBPUSD rebounded from 1.6465, suggesting that the fall from 1.6822 had completed. Further rise to test 1.6822 resistance could be expected, a break above...
The GBP/USD pair rose during the session on Friday, plowing towards the 1.6650 handle. That is an area that has offered a bit of resistance in support previously, so wouldn’t surprise us to see this market pullback...
The GBP/USD pair had a positive session on Thursday, but gave back some of the gains once we get close to the 1.6650 level. Nonetheless, we are bullish of this pair overall, but need to see a...
GBPUSD’s upward movement from 1.6465 extended to as high as 1.6646. Further rise could be expected in a couple of days, and next target would be at 1.6700 area. Support is at 1.6540, as long as this...
GBP/USD has shown momentum in crrying on with its ongoing uptrend, as it bounced off support on the rising trend line connecting the lows on the 4-hour time frame. This suggests that bulls are back in action...
