Tag: GBPUSD

GBP/USD Forecast July 30, 2012, Technical Analysis

by FX Empire | July 30, 2012 8:02 am
The GBP/USD pair rose during the session on Friday as the 1.57 level was targeted yet again. The area continued to hold as resistance, and as a result the pair looks like it is still trying to...

GBPUSD Analysis – July 28, 2012

by ForexCycle.com | July 28, 2012 3:12 am
GBPUSD is facing 1.5776 resistance. As long as this level holds, the rise from 1.5268 could be treated as consolidation of the downtrend from 1.6301 and another fall towards 1.5000 is still possible. However, a break above...

GBP/USD Forecast July 27, 2012, Technical Analysis

by FX Empire | July 27, 2012 6:36 am
The GBP/USD pair slammed directly into the 1.57 resistance area during the session on Thursday, and one of the most exaggerated moves we’ve seen in a while. With the head of the European central bank stating on...

GBP/USD Forecast July 26, 2012, Technical Analysis

by FX Empire | July 26, 2012 6:26 am
The GBP/USD pair ended the session unchanged on Wednesday, as the 1.55 level remains and focus. This area was once a massive support in the consolidation area, and as such we feel that the market will continue...

GBP/USD Forecast July 25, 2012, Technical Analysis

by FX Empire | July 25, 2012 6:09 am
The GBP/USD pair attempted to rally during the Tuesday session, but was turned around and form a shooting star sitting directly above the 1.55 support level. This looks rather bearish at this point in time, and this...

GBP/USD Forecast July 24, 2012, Technical Analysis

by FX Empire | July 24, 2012 6:29 am
The GBP/USD pair fell for most of the session on Monday, only to bounce at the very end of trading. The 1.55 level has offered support, and this should really be that surprising as it had been...

GBPUSD Analysis – July 22, 2012

by ForexCycle.com | July 22, 2012 11:15 am
GBPUSD moves sideways in a range between 1.5268 and 1.5776. As long as 1.5776 resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.6301, and another fall towards 1.5000 is...