Tag: GBPUSD

GBPUSD is testing the resistance of 1.4779, a break above this level will indicate that the rise from 1.3654 has resumed and then further rally could be seen to 1.5300 zone. Near term support is located at...

GBPUSD pulls back to 1.4110 level, suggesting that a cycle top has been formed at 1.4779 on daily chart. Consolidation in a range between 1.3900 and 1.4779 would more likely be seen. However, one more rise is...

GBPUSD remains in uptrend from 1.3654. Further rise above 1.4985 to reach the next cycle top on daily chart is possible in a couple of weeks. Key support is located at 1.3654, below this level will indicate...

GBPUSD formed a cycle bottom at 1.3654 level on daily chart. Further rise to test 1.4985 resistance is now in favor, a break of this level will indicate that the fall from 2.0158 (July 15, 2008 high)...

GBPUSD breaks above 1.4305 key resistance, suggesting that a cycle bottom has been formed at 1.3654 level on daily chart and the fall from 1.4985 has completed. Further rebound is expected to test 1.4985 previous high resistance,...

GBPUSD is in range trading between 1.3503 and 1.4985. Deeper decline to test 1.3503 previous low is still possible next week. However, this level will more likely be held, and rebound is expected before breaking below this...

GBPUSD breaks below 1.4051 support. Deeper decline could be seen next week and target would be at 1.3700-50 area. Key resistance is now locate at 1.4661, only above this level will indicate that a cycle bottom has...

GBPUSD continues to move sideways above 1.4051 support. Consolidation in a range between 1.3503 and 1.4985 is expected in a couple of weeks. Deeper decline to 1.3700 could be seen if 1.4051 support gives way. Near term...

GBPUSD has formed a cycle top at 1.4985 level on daily chart. Consolidation in a range between 1.3503 and 1.4985 is expected in a couple of weeks. Long term key resistance is now at 1.4985, a break...

GBPUSD is forming a cycle top at 1.4985 on daily chart. Key support is located at 1.4051, a break below this level will confirm the cycle top, and then sideways consolidation in a range between 1.3503 and...