Tag: GBPUSD

The GBP/USD pair had a bit of a neutral day with a slightly higher close as the 1.51 level offered support yet again. This area has been very strong lately, and it appears the market is trying...

After making a strong selloff from the 1.5250 minor psychological resistance and previous week highs, GBP/USD found support around the 1.5100 major psychological level. The pair appears to be retracing, thanks to the recent disappointments in U.S....

The recently released manufacturing PMI for the United Kingdom sparked a massive selloff for the pound as the actual figure missed expectations. Take note that the BOE is currently watching business surveys very closely before they make...

The GBP/USD pair fell dramatically during the session on Tuesday, parking at the 1.51 level. This candle is very negative, and closes at the very bottom of the day’s range.

The GBP/USD pair had a very quiet session on Friday, as it was holiday trading. However, you can see that just above current levels we have a significant resistance level that is trying to be broken out...

The GBP/USD pair had a positive session on Thursday, testing the 1.52 level for resistance. Within this chart, it appears we are trying to bounce a bit, but we need to clear the 1.53 level in order...

The GBP/USD pair fell during the session on Wednesday, testing the 1.51 level for support. It did find it there, so we did get a little bit of a bounce. However, we shouldn’t forget that we are...

The GBP/USD pair fell during the session on Tuesday as the Pound considered to whiter. This pair is certainly one that has been pounded over the last several weeks, and as a result we haven’t been buying...

GBP/USD’s recent rallies might be cut short this week as the pair is currently testing the former support zone around 1.5200 to 1.5250. This level has been broken in February when the BOE reiterated their willingness to...