GBPUSD broke below 1.6113 key support, suggesting that the uptrend from 1.3503 has completed at 1.7042 already. Deeper decline is now in favor and next target would be at 1.5300 zone. Near term resistance is now at...
GBP/USD Open 1.6036 High 1.6382 Low 1.5917 Close 1.6057 Pound/Dollar made a significant bearish movement on Thursday, with over 450 pips, closing the day at 1.6000. On the 1 hour chart after breaking down out of the...
GBP/USD Open 1.6331 High 1.6452 Low 1.6263 Close 1.6343 Pound/Dollar traded with volatility on Wednesday. The Cable tried to climb, reaching a peak at 1.6452, where further bullish movement was limited and the currency pair dropped down...
GBP/USD Open 1.6361 High 1.6414 Low 1.6212 Close 1.6357 On Tuesday Pound/Dollar rose significantly from 1.6212 to 1.6393, closing the day at 1.6357. Of the 1 hour chart after being unable to break under the 1.6113 support...
GBP/USD Open 1.6218 High 1.6559 Low 1.6298 Close 1.6215 On Monday Pound/Dollar traded hesitantly attempt to rise, dropping to the 1.6139 bottom, where the bearish movement was limited there and the Cable recovered back up to today’s...
GBPUSD continues its range trading between 1.5801 and 1.7042. The fall from 1.6741 suggests deeper decline to test 1.6113 key support, a breakdown below this level will indicate that the uptrend from 1.3503 has completed at 1.7042...
GBP/USD Open 1.6448 High 1.6559 Low 1.6298 Close 1.6450 On Thursday Pound/Dollar attempt to rise, reaching a peak at 1.6559, but the bullish movement was limited there and the Cable dropped down to the 1.6424 bottom, closing...
GBP/USD Open 1.6477 High 1.6555 Low 1.6433 Close 1.6486 On Wednesday Pound/Dollar traded hesitantly, forming divergence on the 3 hour chart. The Cable descended down to the 1.6433 bottom, from where it rose insignificantly, closing the day...
GBP/USD Open 1.6488 High 1.6656 Low 1.6409 Close 1.6485 Pound/Dollar made another downward movement on Tuesday as expected, reaching a bottom at 1.6409, closing the day at 1.6485. Of the 1 hour chart the bullish channel was...
GBP/USD Open 1.6580 High 1.6682 Low 1.6522 Close 1.6577 Monday’s divergence formation warned for a downward correctional movement. The currency couple made a bottom at 1.6522, closing the day at 1.6577. On the 1 hour chart is...
