GBPUSD failed to break below the lower line of the price channel on 4-hour chart, and rebounded from 1.6337. Further rise to test 1.6593 resistance could be expected, a break above this level could signal resumption of...
The cable pair fell slightly during the session on Tuesday, testing the support that had been shown from the Monday session in the form of a hammer. This hammer of course suggests that the market is supported...
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.5854 (Nov 12, 2013 low) could be expected to resume, and...
The GBP/USD pair fell initially during the session on Monday, but as you can see bounce back above the 1.64 handle by the end of the day. This bullish action of course formed a nice-looking hammer, we now think...
GBPUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.5854 (Nov 12, 2013 low). Support is located at the lower line of the channel, as long as the channel support holds,...
GBP/USD has broken past the 1.6500 handle last December but failed to sustain its rallies until the start of this year. This suggests that a huge retracement might be in the cards, as the pair gathers more...
GBPUSD remains in uptrend from 1.5854 (Nov 12, 2013 low), the fall from 1.6593 could be treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at the lower line of...
GBPUSD remains in uptrend from 1.5854, the fall from 1.6593 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on daily chart, as long as the channel...
The GBP/USD pair initially try to rally during the session on Friday, but as you can see continue to fall and closed at the 1.64 level. This begins a significant amount of support at this area, so...
The GBP/USD pair fell hard during the session on Thursday, but found support at the 1.64 level. However, the biggest thing that we would take out of the session is simply that the conditions were very illiquid,...
