GBPUSD broke above 1.6125 key resistance and reached as high as 1.6399 level, suggesting that a cycle bottom has been formed at 1.5708 level on daily chart. Further rise to test the resistance of the falling trend...
GBP/USD Open 1.6285 High 1.6400 Low 1.5993 Close 1.6267 Yesterday Pound/Dollar made a significant upward movement. The cable climbed from 1.5993 with nearly 300 pips, closing the day at 1.6267. This morning ascending continued to the key...
GBP/USD Open 1.5995 High 1.6134 Low 1.5902 Close 1.5981 Pound/Dollar could not continue the downward scenario yesterday and followed the Euro upwards. On the 3 hour chart after failing to hold under 1.5753, quotes rose sharply, taking...
GBP/USD Open 1.5929 High 1.5992 Low 1.5717 Close 1.5922 Pound/Dollar traded quieter on Tuesday. After reaching a peak at 1.5822, the Cable made a decreasing attempt, reaching a bottom at 1.5717, than rose sharply to 1.5940, closing...
GBP/USD Open 1.5802 High 1.5878 Low 1.5738 Close 1.5796 On Monday Pound/Dollar made a significant bearish movement. On the 3 hour chart there is a hedging formation, indicating continuation of the bearish trend. After the consolidation and...
GBPUSD consolidated in a narrow range between 1.5770 and 1.6125 for several days. Deeper decline to 1.5300-1.5500 area could be seen next week and a break below 1.5770 level will signal resumption of downtrend. Resistance is now...
GBP/USD Open 1.5951 High 1.6071 Low 1.5860 Close 1.5963 On Wednesday Pound/Dollar traded hesitantly, but with high volatility. On the 3 hour chart quotes climbed over 1.6000, reaching a peak at 1.5972, closing the day at 1.5921....
GBP/USD Open 1.5915 High 1.6045 Low 1.5860 Close 1.5916 Pound/Dollar traded with volatility on Tuesday. On the 3 hour chart Cable climbed above 1.6040, reaching a peak at 1.6043, where the upward impulse was stopped, and quotes...
GBP/USD Open 1.5930 High 1.6023 Low 1.5864 Close 1.5931 Yesterday Pound/Dollar traded hesitantly. The Cable increased up to the 1.6020 top, from where it started dropping down to the 1.5904 bottom, closing the day at 1.5931. Today...
GBPUSD broke below 1.5801 support, confirming a bearish trend is under way. Deeper decline is still in favor and target would be at 1.5300 zone. Initial resistance is at 1.6150 followed by the falling trend line from...
