Tag: GBPUSD

The GBP/USD pair fell hard during most of the session on Thursday, but as you can see bounced enough to form a hammer right at the 1.55 handle by the end of the day. This is significant,...

The GBP/USD pair fell rather hard during the session on Wednesday as the FMOC announcement suggested that the Federal Reserve would begin to taper off of quantitative easing later this year, and be completely out of that...

The GBP/USD pair fell during the session on Tuesday, as the market slices below the 1.56 handle during the day. Going forward, we feel that this market is simply pulling back, and that we will eventually certainly...

The GBP/USD pair fell during the session on Friday, but had enough buyers come in late during the session in order to push the market much higher. In the end, the market formed a beautiful hammer, which...

The GBP/USD pair fell initially during the session on Thursday, but found enough support at the 1.5650 level in order to bounce back higher and a break above the 1.57 level. This market still looks like it...

The GBP/USD pair rose during the session on Wednesday, breaking above the recent highs but pulled back slightly. While this is a positive candle, it also suggest that perhaps the trading will be choppy going forward.

The GBP/USD pair initially fell during the session on Tuesday, but as you can see the 1.55 handle offered enough support to push prices back up area in the end, we found ourselves above the 1.56 handle,...

The GBP/USD pair fell initially during the session on Monday, but you can see that the 1.55 level did in fact offer enough support to print a positive candle. Nonetheless, we did not manage to break out,...