GBP/USD Open 1.5991 High 1.6059 Low 1.5904 Close 1.5771Pound/Dollar has formed new small rising channel on the 15 minute chart starting from Monday’s bottom at 1.5859. After little hesitation on Wednesday, climbing continued to 1.5996, closing the...
GBP/USD Open 1.5948 High 1.5980 Low 1.5853 Close 1.5955Pound/Dollar traded downwards on Monday, from the 1.5980 top, down to the 1.5853 bottom, closing the day at 1.5955. The 1.5853 bottom and support is still holding the bearish...
GBP/USD Open 1.5970 High 1.6173 Low 1.5924 Close 1.5981Pound/Dollar continued decreasing on Friday, form the 1.6173 point, down to 1.5976, closing the week at 1.5981. The Cable continued to weaken today, forming new support level at 1.5900....
GBPUSD has formed a cycle top at 1.6456 level on daily chart. Another fall towards 1.5708 previous low is expected next week, a breakdown below this level trigger further decline to 1.4800-1.5000 area. Resistance is at 1.6456,...
GBP/USD Open 1.6175 High 1.6276 Low 1.6100 Close 1.6168The Cable managed to hold its gains on Wednesday despite the strong Dollar against other currencies. Pound/Dollar climbed to the 1.6240 top, forming new resistance level there, and closing...
GBP/USD Open 1.6136 High 1.6268 Low 1.6093 Close 1.6142Pound/Dollar made a sharp decreasing movement on Tuesday from the 1.6268 down to the 1.6100 bottom, closing the day at 1.6142. The 1.6093 level pays a key support role...
GBP/USD Open 1.6244 High 1.6268 Low 1.6093 Close 1.6242Pound/Dollar rose on Monday in anticipation of strong UK GDP data, due today at 9:30 GMT. The Cable climbed to 1.6260, closing the day at 1.6242. This morning the...
GBP/USD Open 1.6112 High 1.6392 Low 1.6200 Close 1.6099Pound/Dollar rose on Friday, as expected, to the 1.6275 top, from where started declining down to the 1.6082 bottom, closing the week at 1.6099. After being subject to heavy...
GBPUSD’s bounce from 1.5829 reaches 1.6456 level only. The subsequent pullback suggests that a cycle top is being formed on daily chart. Deeper decline to test 1.5829 key support is expected next week. A breakdown below this...
GBP/USD Open 1.6197 High 1.6392 Low 1.6200 Close 1.6195Pound/Dollar decreased on Thursday, as expected, from the 1.6312 top down to the 1.6125 bottom, closing the day at 1.6195. This morning, however, the Cable recovered almost all losses...
