The GBP/USD pair went back and forth during the session on Monday, remaining above the 1.55 support level. This market has essentially done nothing over the last couple of sessions, and appears to be quite comfortable just...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4831. Support is located at the lower line of the channel, as long as the channel support holds, the uptrend could be...
GBP/USD went back and forth during the session on Friday, testing the 1.55 level for support and proving it to be so. The 1.56 level offered resistance again, and as a result it looks like we are...
The GBP/USD pair fell during the session on Thursday, but found enough support at the 1.55 level in order to become somewhat supportive looking. This market looks like it wants to go higher, but it will be...
The GBP/USD pair rose during the session on Tuesday, breaking above the top of the shooting star from Monday as well. Having said that, we have clear the 1.5550 level during the session, but pulled back enough...
GBP/USD is moving closer to testing the top of the rising channel on the 1-hour time frame, although the pair seems to be retracing at the moment. Weak U.S. data has been propping up this pair so...
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.4831, and the rise extends to as high as 1.5498. Further rise could be expected next week, and next target would be...
The GBP/USD pair had another positive session on Friday, touching the 1.55 handle. However, that area continues to be far too resistive, and we do suspect based upon price action back in the middle of February that...
GBP/USD had a strong showing on Thursday, as the economic numbers coming out of London suggested that the United Kingdom managed to skirt past a triple dip recession, and as a result the Pound got a bit...
On its 1-hour time frame, GBP/USD is testing the falling trend line connecting its recent highs from the second week of April. On top of that, the pair is also stalling around the 1.5300 major psychological level....
