Tag: GBPUSD

The GBP/USD pair had a slightly negative session on Friday, but it continues to stair step its way higher. Ultimately, this market does look like it’s broken out of it, but we do see several places that...

The GBP/USD pair had a positive session on Thursday, breaking above the 1.5350 area cleanly, and looking very much like a currency that is trying to head back to the next resistance area at the 1.55 handle.

The GBP/USD pair went back and forth during the session on Wednesday, essentially going nowhere. We think this is a relatively bullish sign though, as the market simply has broken out above the resistance recently, and now...

The GBP/USD pair had a positive session during the Tuesday trading hours as the 1.5250 acted as support. In fact, we reclaimed almost 100% of the losses on Monday, making this a significant retest of previous resistance...

The GBP/USD pair fell during the session on Monday, but as you can see the 1.5250 level offered enough support to keep the market above it. This is the area that had been so resistive previously, so...

Thanks to weaker than expected U.S. jobs data, GBP/USD breached the 1.5250 minor psychological resistance on Friday and climbed all the way up to the 1.5350 mark. However, price action on Monday reveals that the rally ran...

The GBP/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers in America came out weaker than expected. Within this chart, it appears that the clearance of the 1.53 level looks to...

The GBP/USD pair initially fell to the 1.50 handle during the session on Thursday, but as you can see got a significant bounce after the bank of England announced that it was essentially doing nothing. However, the...