GBPUSD remains in the downtrend from 1.4376. As long as 1.4000 resistance holds, the downside movement could be expected to continue and next target would be at 1.3800 area. Key resistance is at 1.4030, only a breakout...
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.3918 is likely consolidation for the downtrend. Resistance is at 1.4030, as long as the price is below this level, the downside movement could be expected to...
GBPUSD’s downside movement from 1.4376 extended to as low as 1.3918. Near term resistance is at 1.4030. As long as this level holds, the downside movement could be expected to continue and next target would be at...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3990, facing the support level at 1.3965. A breakdown below this level could trigger further downside movement towards 1.3800. Resistance is at 1.4090, only break above...
GBPUSD pulled back to 1.4000 area after touching 1.4345 resistance, suggesting that lengthier consolidation for the uptrend from 1.1946 (Oct 7, 2016 low) is needed. Deeper decline towards 1.3711 key support is possible in the coming days....
GBPUSD dropped sharply from 1.4376 to as low as 1.4068. Deeper decline is possible and next target would be at the bottom of the price channel on the 4-hour chart. A breakdown below the channel support would...
GBPUSD remains in the uptrend from 1.3965, the fall from 1.4376 is likely consolidation for the uptrend. Key support is at 1.4220. As long as this level holds, the uptrend could be expected to continue and next...
The British pound has rallied significantly during the trading session on Monday, breaking above the 1.43 level. That level has been significant resistance in the past, so the fact that we have broken above there suggests that...
GBPUSD extended its upside movement from 1.3965 to as high as 1.4354. Further rise is still possible after a minor consolidation and next target would be at 1.4500 area. Key support is now at 1.4220, only a...
GBPUSD extended its upside movement from 1.3965 to as high as 1.4296, breaking above 1.4244 resistance. Further rise is still possible after a minor consolidation and next target would be at 1.4350 area. The key support is...
