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...
GBP/USD Open 1.6299 High 1.6392 Low 1.6200 Close 1.6290Pound/Dollar lost all its gains from the first 2 days of the week, dropping from the 1.6438 top on the 15 minute chart. On Wednesday the descending movement continued...
GBP/USD Open 1.6359 High 1.6437 Low 1.6229 Close 1.6360Pound/Dollar rose on Tuesday to the 1.6443 top, from where the Bullish currency started weakening like the Euro, down to 1.6315, closing the day at 1.6360. After giving some...
GBP/USD Open 1.6345 High 1.6437 Low 1.6229 Close 1.6344Pound/Dollar continued rising on Monday, reaching the key 1.6400 resistance, and closing the day at 1.6344. Cable’s appreciation continued today, overcoming the above resistance. During the European session we...
GBP/USD Open 1.6288 High 1.6355 Low 1.6229 Close 1.6259Pound/Dollar corrected on Friday down from the 1.6355 top to 1.6231, closing the week at 1.6259. This morning Cable started climbing again, exerting pressure on the Dollar, and if...
GBPUSD broke above the falling price channel on daily chart, suggesting that a cycle bottom has been formed at 1.5829 on daily chart. Now the pair is back to range trading between 1.5708 and 1.7042. Bounce to...
GBP/USD Open 1.6332 High 1.6355 Low 1.6252 Close 1.6333Pound/Dollar retreated on Thursday after the news from China showed a housing loans conditions tightening, than recovered from the 1.6252 bottom to 1.6343, closing the day ay 1.6333. Holding...
GBP/USD Open 1.6281 High 1.6307 Low 1.6141 Close 1.6277Pound/Dollar continued climbing on Wednesday, as expected, from the 1.6140 bottom to the 1.6300 top, closing the day at 1.6277. On the 15 minute chart we have a very...
