Tag: GBPUSD

The GBP/USD pair fell heavily again on Monday, as incoming Bank of England chairman Mark Carney suggested that further easing couldn’t be ruled out in the case of the United Kingdom.

The GBP/USD pair fell during most of the session on Friday, but caught a significant bounce late in the day. With this bounce, we have formed a hammer right at the 1.58 level. This is significant in...

The GBP/USD pair fell and broke down below the 1.58 handle during the session on Thursday. However, we get a bit of a bounce later in the session and form to something that looked a bit like...

The GBP/USD pair went back and forth wildly on Wednesday just as it had on both Monday and Tuesday. Looking at this, we suspect that the 1.58 level is trying to hold a support, after a significant...

The GBP/USD pair went back and forth during the session on Tuesday, but essentially ended up flat. The 1.58 level just below should be massively supportive, as it was the top of the ascending triangle that sent...

The GBP/USD pair went back and forth during the Monday session again, as traders try to decide what to do with it. The lovely five a level has held as support so far, so this will give...

The GBP/USD pair fell extremely hard during the session on Friday in order to test the 1.5850 level. However, we see significant support below at the 1.58 handle, and think that perhaps the downside is somewhat limited...

The GBP/USD pair had a back-and-forth session during the Thursday trading day and essentially hovered around the 1.60 level at the end of all of the erratic behavior. It looks like we’re trying to break through the...