The GBP/USD pair exploded to the upside during the session on Monday, but remains stuck just below the 1.6450 level yet again. This area is going to be a bit of a difficult area to get through,...
GBPUSD remains in uptrend from 1.4813. Further rise could be expected over the next several weeks, and next target would be at 1.7000 area. Key support is at 1.5854, only break below this level will indicate that...
The GBP/USD pair went back and forth during the session on Friday, in reaction to the nonfarm payroll number, and as you can see we really haven’t done much ultimately. It looks as if this market is...
The GBP/USD pair fell during a large portion of the session on Wednesday, but as you can see bounced off of the 1.63 handle in order to form a nice looking hammer. This hammer is preceded by...
GBP/USD has been making significant breaks above psychological handles recently, confirming that the pair has strong bullish momentum. However, there have been a few pullbacks, eventually creating a short-term rising trend line on its 1-hour time...
The GBP/USD pair tried to go much higher during the session on Monday, but as you can see turned around and formed a massive shooting star. The shooting star of course is bearish, but we don’t necessarily...
GBPUSD breaks above 1.6259 previous high resistance, and reaches as high as 1.6384, suggesting that the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at...
The GBP/USD pair initially fell during the session on Friday, but as you can see gained enough to form a hammer at the top of the most recent parabolic move in this market that has been very...
After months of consolidation inside a 300-pip range, GBP/USD finally made an upside breakout as it reached the 1.6350 minor psychological level recently. This could mean that more gains are in the cards, as the next resistance...
The GBP/USD pair rallied during the session on Thursday, breaking above the 1.63 handle. This is an area that we said had to be cleared in order for us to become overly bullish of this market, which...
