The GBP/USD pair rose during the session on Friday, shooting strength through the resistance of the 1.6650 level. The market even close at the very high of the day, so it appears that any pullback in the...
The GBP/USD pair rose during the session on Thursday, breaking above the 1.6650 level. We have essentially broken out, but if we can get above the highs from the Thursday session, we would be much more comfortable...
GBPUSD broke above 1.6668 resistance, suggesting that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.6800 area. Support is at...
GBPUSD is facing 1.6668 resistance, a break above this level will indicate that the longer term uptrend from 1.4813 (Jul 9, 2013 low) has resumed, then further rise to 1.7000 area could be seen. Support is at...
The GBP/USD pair rose drastically during the session on Wednesday, breaking above the 1.65 level. That being the case, this market looks like it’s ready to go higher, but we do recognize that there is a bit...
The GBP/USD pair rose during the session on Tuesday, but found enough resistance of the 1.65 level in order to pull back and give half of the gains back out. The market continues to look bullish, and...
GBPUSD’s upward movement from 1.6252 extended to as high as 1.6487. Further rise could be expected after a minor consolidation, and next target would be at 1.6600 area. Support is at 1.6340, only break below this level...
The GBP/USD pair went back and forth on Monday, hovering around the 1.64 level. The fact that we have not pulled back after forming such a positive candle on Friday does suggest that perhaps there is still...
GBP/USD just broke below the long-term rising trend line on its 4-hour chart recently but appears ready to make a pullback before resuming its selloff. The pair has bounced off support at the 1.6300 major psychological level...
GBPUSD broke above 1.6400 resistance, suggesting that the downward movement from 1.6668 had completed, and the pair is now in uptrend from 1.6252. Further rally could be expected, and next target would be at 1.6550 area. Support...
