GBPUSD failed to break below 1.6337 key support and stayed in the upward price channel on 4-hour chart, suggesting that the pair remains in uptrend from 1.5854 (Nov 12, 2013 low), and the fall from 1.6593 could...
In the GBP/USD pair on Monday, we saw considerable weakness. However, the 1.6350 level acted as support yet again, and therefore kept the sellers in check. With that being the case, it appears that the market could...
GBPUSD is facing 1.6337 key support, a breakdown below this level will indicate that the uptrend from 1.5854 (Nov 12, 2013 low) had completed at 1.6593 already, then the following downward movement could bring price back to...
GBP/USD is still on an uptrend, despite the sharp selloff that occurred recently. The pair has just bounced off the bottom of the rising channel on the 1-hour time frame as indicating potential rallies. Stochastic is moving...
GBPUSD remains in uptrend from 1.5854 (Nov 12, 2013 low), the price action from 1.6593 could be treated as consolidation of the uptrend. Key support is at 1.6337, as long as this level holds, the uptrend could...
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.5854, and the fall from 1.6593 could be treated as consolidation of the uptrend. As long as the channel support holds, the...
The GBP/USD pair had an interesting session on Friday, as it had initially sold off drastically, but as you can see bounced hard enough to close just below the 1.65 level. The resulting candle is a massive...
The GBP/USD pair rose during the session on Thursday, but found the 1.65 level resistive yet again. Because of this, the market pulled back slightly but still looks like it is going to struggle to get above...
GBPUSD’s bounce from 1.6337 extended to as high as 1.6497. Further rise to test 1.6593 previous high resistance could be expected, a break above this level could signal resumption of the uptrend from 1.5854 (Nov 12, 2013...
The GBP/USD pair rose during the session on Wednesday as we approach the 1.65 handle again. This is an area that we think will be overcome sooner or later, but do recognize the fact that the large,...
