Tag: GBPUSD

The GBP/USD pair rose during the session on Friday, smashing through the 1.5250 level. The matter fact, this pair now looks very healthy and it appears that we are going to go higher.

The GBP/USD pair fell during the session after initially trying to break back above the 1.5250 resistance level. Because of this, it feels like this market is going to start heading back down towards the 1.50 handle,...

The GBP/USD pair fell hard during the session on Wednesday, but as you can see bounced enough to form a nice looking hammer. Although this hammer isn’t right at the 1.5250 level, we feel that it’s close...

GBP/USD retreated from its recent highs during yesterday’s trading, and this may have been a result of profit-taking ahead of today’s major US events.

The GBP/USD pair fell hard during the session on Tuesday, slicing through the 1.5250 level. This was an area that we had suspected would be rather supportive, and although we are below that area, there is still...

GBP/USD fell during the session on Monday, but still looks very buoyant. We think that the market will of course attract buyers as long as we can stay above the 1.5250 level, and as a result we...

The GBP/USD pair went back and forth during the session on Friday, essentially going nowhere. We are dead smack in the center between two major support and resistance levels, and as a result we don’t see a...

The GBP/USD pair went back and forth during the session on Thursday, bouncing off of the 1.5250 level as we had suspected, and went much higher at that point in time. We still think this market eventually...

GBP/USD pair fell during the session on Wednesday, but as you can see we are still well above the 1.5250 level, an area that we suspect is going to be rather supportive now. Because of this, we...