Tag: GBPUSD

The GBP/USD pair rose during the session on Thursday, breaking above the 1.55 handle again. That being said, looks like were heading towards the 1.5750 level, and as a result we can expect this market to continue...

The GBP/USD pair fell during the session on Tuesday after initially trying to rally and get back above the 1.55 handle. This failure produced a shooting star, and that of course is a very negative sign. We...

The GBP/USD pair fell during the session on Monday, slicing back through the 1.55 handle. However, there is quite a bit of support below and we are not willing to start shorting this pair at the moment.

The GBP/USD pair did very little on the Friday session, as we sit just above the 1.55 handle. This area of course is a significant round number, so of course we are not surprised see some type...

The GBP/USD pair went back and forth during the session on Wednesday, as you can see slicing through a couple different areas. However, we start today just under the 1.55 handle, so it’s easy to understand that...

Bank of England Governor Mark Carney, the first non-English BoE Governor, gave his first quarterly inflation outlook today and took the opportunity to apply an unemployment threshold to the banks quantitative easing program. Carney stated that the...

The GBP/USD pair tried to rally during the session on Tuesday, but as you can see failed. The resulting candle is a shooting star, NED is basically where we thought we would run into the first amount...

The GBP/USD pair bounced off of the 1.5250 level on Monday in order to prove that area as support. Because of this, we think that the next fight will be at the 1.54 handle, and then the...