Tag: GBPUSD

GBPUSD broke below the long term support at 1.9652 (Aug 17, 2007 low), and reached as low as 1.9481. Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line...

GBPUSD is testing the support at 1.9652 (Aug 17, 2007 low). Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line from 2.1161 to 2.0830, and as long as...

GBPUSD’s down trend remains, and the fall from 2.1161 extended to as low as 1.9673. Further fall towards 1.9300 area is still possible. Near term resistance is at the down trend line from 2.1161 to 2.0830, and...