GBP/USD Open 1.4972 High 1.5233 Low 1.4777 Close 1.4987Pound/Dollar sank on Monday with around 450 pips after polls showed hung parliament and investors sold huge. The Cable dropped from 1.5233 down to 1.4777 yesterday, closing the day...
GBP/USD Open 1.5182 High 1.5315 Low 1.5097 Close 1.5232Pound/Dollar continues to drop convincingly, forming sharp downward channel on the 3 hour chart. After correcting up to 1.5316 on Friday, depreciation went on down to 1.5161, closing the...
GBPUSD remains in downtrend from 1.6456. Further decline is still possible next week and next target would be at 1.5000 area. Resistance is now located at the upper border of the falling price channel on daily chart,...
GBP/USD Open 1.5237 High 1.5420 Low 1.5194 Close 1.5261Pound/Dollar continued depreciating on Thursday, as expected, from 1.5420 down to 1.5194, closing the day at 1.5261. Today’s focus is on the GDP Q4 at 9:30 GMT. As on...
GBP/USD Open 1.5417 High 1.5474 Low 1.5308 Close 1.5408Pound/Dollar traded hesitantly on Wednesday within the narrow 1.5386 – 1.5470 range, closing the day at 1.5408. On the 1 and 3 hour chart the Sterling continues to show...
GBP/USD Open 1.5443 High 1.5571 Low 1.5395 Close 1.5422Pound/Dollar climbed on Tuesday to the 1.5571 top, from where the main decreasing trend continued down to 1.5395, closing the day at 1.5422. Although the bearish channel on the...
GBP/USD Open 1.5502 High 1.5573 Low 1.5436 Close 1.5479Pound/Dollar traded quietly on Monday due to lack economic data, closing the day at 1.5479. Today the Cable started rising, testing the upper limit of the bearish channel at...
GBP/USD Open 1.5461 High 1.5817 Low 1.5370 Close 1.5466Pound/Dollar tried to continue decreasing on Friday down to 1.5356, from where the currency couple bounced up, closing the week at 1.5466. On the 3 hour chart we still...
GBPUSD’s downtrend extends to as low as 1.5350 level. Further fall is still possible next week and next target would be at 1.5150 area. Key resistance is now located at 1.5815, as long as this level holds,...
GBP/USD Open 1.5431 High 1.5817 Low 1.5370 Close 1.5528Pound/Dollar continued decreasing yesterday on bad UK’s public financial data and US economic improvement. The Cable dropped from 1.5687 to 1.5414, closing the day at 1.5528. Expectation today are...
