The GBP/USD pair rose during the session on Monday, but as you can see did really gain much. However, the important part of this action was that the 1.60 handle did in fact offer support. Because of...
Tomorrow forex traders will be presented with two key data points which may heavily influence the EURUSD currency pair. The size of the move depends on the data and if it delivers a big positive or negative...
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
The GBP/USD pair went back and forth during the session on Friday, essentially printing a neutral candle. This neutral candle of course is sitting on top of the 1.60 handle, so it is possible that this could...
The GBP/USD pair fell hard during the session on Thursday, but remained above the 1.60 handle in order to show signs of life still. We think that there will be support just below, and as a result...
GBP/USD staged a strong rally yesterday, thanks to the upbeat BOE minutes and the Fed’s decision against tapering. This was enough to push GBP/USD past the upward channels on the 1-hour and 4-hour time frames.
The GBP/USD pair shot straight up during the session on Wednesday in reaction to the Federal Reserve and the announcement the tapering was not going to happen. Because of that, it’s the obvious that this market is...
The GBP/USD pair went back and forth during the session on Tuesday, hovering at the 1.59 handle. The resulting neutral candle suggests that this market is simply going to sit still until the Federal Reserve makes its...
GBP/USD is still on its current uptrend, based on the rising channel on the pair’s 1-hour time frame. The pair just came off a dip and bounced from the 1.5600 area to the 1.5900 mark last week...
The GBP/USD pair gapped higher at the open on Monday, but as you can see spent most of the day pulling back. We’ve gone too close to the 1.60 handle to short of amount of time in...
