GBP/USD Open 1.5682 High 1.5817 Low 1.5631 Close 1.5672Pound/Dollar also lost all gains from the beginning of the week, when on Wednesday the Cable dropped from 1.5815 to 1.5665, closing the day at 1.5672. Expectation today are...
GBP/USD Open 1.5660 High 1.5737 Low 1.5562 Close 1.5658After slight decrease on Monday, Pound/Dollar showed strength and started climbing from the 1.5614 bottom, towards Friday’s top and nearest resistance 1.5737. If that level is successfully penetrated upwards,...
After breaking below 1.6708 support, GBPUSD traded in a narrow range for several days. Deeper decline is still in favor after consolidation and next target would be at 1.5200-1.5300 area. Resistance are at 1.5780 and 1.5950. Key...
GBP/USD Open 1.5699 High 1.5765 Low 1.5572 Close 1.5703Pound/Dollar remains within the downward channel, formed on the 3 hour chart. On Thursday the Cable dropped down to 1.5562, as expected, where the bearish movement was limited, than...
GBP/USD Open 1.5610 High 1.5765 Low 1.5572 Close 1.5593Pound/Dollar recovered this morning partly the losses from yesterday, as seen on the 5 minute chart. On Wednesday the Cable rose from 1.5589 up to the 1.5765 top, influenced...
GBP/USD Open 1.5690 High 1.5732 Low 1.5561 Close 1.5718Pound/Dollar is trading mostly upwards this week, as seen on the 15 minute chart, making a significant climb on Tuesday to the 1.5732 top, closing the day at 1.5718....
GBP/USD Open 1.5569 High 1.5669 Low 1.5544 Close 1.5581Pound/Dollar is trading hesitantly this week within the 1.5544 – 1.5669, closing yesterday at 1.5581. On the 1 hour chart the downward channel remains intact for now. The Pound,...
GBP/USD Open 1.5598 High 1.5777 Low 1.5534 Close 1.5657Pound/Dollar continued descending on Friday from 1.5777 to 1.5570, closing the week at 1.5657. On the 1 hour chart we have a very well shaped downward channel. Be aware...
GBPUSD breaks below 1.5708 key support and the fall from 1.6456 extends to as low as 1.5558 level, suggesting another decline is underway. Target for next week would be at 1.5200-1.5300 area. Near term resistance is at...
GBP/USD Open 1.5766 High 1.5918 Low 1.5650 Close 1.5752Pound/Dollar continued descending on Thursday from 1.5918 to 1.5741, closing the day at 1.5752. On the 1 hour chart we have a very well shaped downward channel and our...
