GBPUSD Daily Analysis – January 22, 2018
GBPUSD extended its upside movement from 1.3458 to as high as 1.3945. The key support is at 1.3741, as long as this level holds, the uptrend could be expected to continue and next target would be at...
Tag: GBPUSD
GBPUSD Weekly Analysis – January 21, 2018
GBPUSD’s upside movement from 1.3027 extended to as high as 1.3945. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBP/USD Price Forecast January 19, 2018, Technical Analysis
The British pound has rallied a bit during the Thursday trading session, reaching towards the 1.39 handle. Given enough time, I believe that the market goes looking towards the 1.40 level, which is the major target above....
GBPUSD Daily Analysis – January 19, 2018
GBPUSD remains in the uptrend from 1.3458. As long as 1.3741 support holds, the upside movement could be expected to continue and next target would be at 1.4200 area. On the downside, a breakdown below 1.3741 support...
GBPUSD Daily Analysis – January 18, 2018
GBPUSD extended its short term uptrend from 1.3458 to as high as 1.3942. As long as 1.3741 support holds, the uptrend could be expected to continue and next target would be at 1.4200 area. Near term resistance...
GBP/USD Price Forecast January 17, 2018, Technical Analysis
The British pound drifted a bit lower at the open on Tuesday, reaching down towards the 1.3750 level, an area that was resistance in the past. Because of this, I anticipate that the market will probably find...
GBPUSD Daily Analysis – January 17, 2018
GBPUSD’s upside movement from 1.3458 extended to as high as 1.3836. Further rise is still possible after a minor consolidation and next target would be at 1.4000 area. Near term support is at 1.3741, only a breakdown...
GBPUSD Daily Analysis – January 15, 2018
GBPUSD broke above 1.3612 resistance and extended its upside movement to as high as 1.3748. Further rise is still possible in a couple of days and next target would be at 1.4000 area. Near term support is...
GBPUSD Weekly Analysis – January 14, 2018
GBPUSD broke above 1.3657 resistance, suggesting that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed. Near term support is at 1.3590, followed by the rising trend line on the daily chart. As long as the...
GBPUSD Daily Analysis – January 11, 2018
GBPUSD broke below 1.3494 support, suggesting that the upside movement from 1.3301 had completed at 1.3612 already. Further decline would likely be seen in a couple of days and next target would be at 1.3420 area, followed...