GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.6785, and the fall extended to as low as 1.6480. As long as the trend line resistance holds, the downtrend could be...
The GBP/USD pair originally when higher during the session on Wednesday, but as you can see the 1.6650 level offered enough resistance to push the market back down. We fell as low as 1.65 during the session,...
GBPUSD’s downward movement form 1.6785 extended to as low as 1.6508. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
GBPUSD continued its downward movement from 1.6822, and the fall extended to as low as 1.6545. Further decline could be expected after consolidation, and the target would be at 1.6450 area. Resistance is at 1.6670, followed by...
The GBP/USD pair fell during the bulk of the session on Tuesday, but found enough support at the 1.6550 level to turn things back around and form a hammer. This large hammer of course suggests that we...
The GBP/USD pair went back and forth during the session on the day Monday, and as you can see we continue to hang out in the general vicinity of 1.6650 level. The market has been very choppy...
GBPUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.6822. Deeper decline could be expected, and the target would be at 1.6500 area. Resistance is located at the upper line of...
GBPUSD remains in downtrend from 1.6822. Deeper decline would likely be seen, and the target would be at 1.6500 area. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the lower line...
The GBP/USD pair initially fell during the session on Friday, but as you can see bounced enough to form a hammer. With this, it appears that the market will continue to consolidate between here and the 1.68...
