The GBP/USD pair fell during the session on Friday, pulling back some of the bullishness that we had seen over the last two sessions. However, the 1.51 handle isn’t significant enough to have us looking to buy...
The GBP/USD pair did rise initially during the session on Thursday, but as you can see rose in order to form something along the lines of a hammer. Nonetheless, we don’t like this pair at this point...
The GBP/USD pair rose during the session after the Federal Reserve released its minutes, which show that a lot of the members on the committee are a bit confused as to what they want to see before...
Thanks to the dovish BOE rate statement, GBP/USD suffered a sharp selloff last week. The pair plummeted more than 400 pips, as it fell from the 1.5300 handle to below 1.4900 towards the end of the week.
The GBP/USD pair rose during the session on Monday, bouncing off of the 1.4850 handle. However, we think that the 1.50 level will offer far too much resistance, and therefore waiting to see this market approach that...
GBPUSD breaks below 1.5008 support, suggest that the downtrend from 1.6339 has resumed. Further decline could be expected over the next several weeks, and the target would be at 1.4000 area.
The GBP/USD pair fell hard during the session on Friday, collapsing as the nonfarm payroll numbers came out much stronger than anticipated.
The GBP/USD pairfell hard during the session on Thursday, in what would’ve been somewhat illiquid markets. Going forward, we still think that the 1.50 level should offer support, so a bounce from down there will more than...
The GBP/USD pair rallied hard during the session on Wednesday, slicing through the 1.5250 level like it wasn’t even there. That being the case, this market does look like it’s trying to bounce from here significantly, and...
The GBP/USD pair fell during the session on Tuesday, breaking down to the 1.5150 handle or so, showing that this market is continued selloff and perhaps head towards the 1.50 handle before it’s all said and done.
