The GBP/USD pair fell during the session on Monday as the “risk off” trade came back into play as the Cypriot bailout rattled the markets. The deal included wiping out equity holders of the banks in that...
GBPUSD is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.6339 had completed at 1.4831 already, then the following upward...
The GBP/USD pair rose during the session on Friday, finally closing the gap that happened a couple of weeks back. The real question now is whether or not we can continue higher.
The GBP/USD pair rose during the session on Thursday, breaking above the 1.5150 area. This market looks like it’s trying to form some type of bottom, but we have significant resistance above as the market pulled away...
The GBP/USD pair had a while back and forth session during Wednesday as we both bounced off of the 1.50 zone, and failed of the 1.52 level. With that being said, it looks like not much will...
For the third trading session in a row, this pair has formed a shooting star on Tuesday. This shooting star gravitates around the 1.51 handle, and as a result it does look like this market is setting...
The GBP/USD pair did very little during the session on Monday, as the rest of the currency world bounced around quite a bit. However, what’s interesting is the fact that this market could not gain traction, and...
GBPUSD remains in downtrend from 1.6339, the rise from 1.4831 would possibly be consolidation of the downtrend. Key resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the...
The GBP/USD pair rose during the session on Friday, but as you can see gave back quite a bit of the gains in order to form a shooting star. This shooting star signals that we may be...
The GBP/USD pair had an extraordinarily strong session during the Thursday hours as we smashed through the 1.50 level, breaking through a couple of fairly significant resistance areas.
