GBPUSD remains in the uptrend from 1.3711, the fall from 1.3995 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...
The British pound has pulled back slightly against the US dollar during the day on Tuesday, testing the 1.3950 level. By doing so, it shows that we still have a significant amount of resiliency just below, and...
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3711. As long as the trend line support holds, the upside movement could be expected to continue and further rise...
The British pound has rallied significantly during the trading session on Tuesday, as we have broken above a downtrend line that the market has been paying attention to for some time. I think that the 1.40 level...
GBPUSD broke above 1.3929 resistance, suggesting that the uptrend from 1.3711 has resumed. Support is now located at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the upside movement...
With the handful of US centric economic announcements coming out over the next couple of days, it could be relatively quiet in the Forex world. However, it does appear that the British pound is starting to pick...
GBPUSD is facing 1.3929 resistance. A breakout of this level would indicate that the uptrend from 1.3711 has resumed, then the following upside movement could take price towards next resistance level at 1.4069. Near term support is...
GBPUSD is in short term downtrend from 1.3929, the bounce from 1.3781 is likely correction for the downtrend. As long as 1.3929 resistance holds, another fall to test 1.3711 support could be expected. A breakdown below this...
GBPUSD is now in the downtrend from 1.4345. Further decline would likely be seen in a couple of weeks and next target would be at 1.3500, followed by 1.3000. Near term resistance is at the falling trend...
The British pound went sideways overall during the trading session on Thursday, as we are starting to test a minor uptrend line. This uptrend line will probably give way, and if it does I think will go...
