GBPUSD continues its range trading between 1.5801 and 1.7042. The fall from 1.6741 suggests deeper decline to test 1.6113 key support, a breakdown below this level will indicate that the uptrend from 1.3503 has completed at 1.7042...
GBP/USD Open 1.6448 High 1.6559 Low 1.6298 Close 1.6450 On Thursday Pound/Dollar attempt to rise, reaching a peak at 1.6559, but the bullish movement was limited there and the Cable dropped down to the 1.6424 bottom, closing...
GBP/USD Open 1.6477 High 1.6555 Low 1.6433 Close 1.6486 On Wednesday Pound/Dollar traded hesitantly, forming divergence on the 3 hour chart. The Cable descended down to the 1.6433 bottom, from where it rose insignificantly, closing the day...
GBP/USD Open 1.6488 High 1.6656 Low 1.6409 Close 1.6485 Pound/Dollar made another downward movement on Tuesday as expected, reaching a bottom at 1.6409, closing the day at 1.6485. Of the 1 hour chart the bullish channel was...
GBP/USD Open 1.6580 High 1.6682 Low 1.6522 Close 1.6577 Monday’s divergence formation warned for a downward correctional movement. The currency couple made a bottom at 1.6522, closing the day at 1.6577. On the 1 hour chart is...
GBP/USD 1.6593 – 14 September 2009 GBP/USD Open 1.6667 High 1.6735 Low 1.6551 Close 1.6654 Pound/Dollar tried rising on Friday, reaching a peak at 1.6735, where the upward movement was limited and the Cable fell sharply down...
GBPUSD broke above 1.6663 key resistance, suggesting that the fall from 1.7042 has completed at 1.6113 level already. Range trading between 1.6113 and 1.7042 is expected in a couple of weeks. Key resistance is now located at...
GBPUSD’s downtrend from 1.7042 extended further to as low as 1.6113 level. Deeper decline is still possible next week and target is to test 1.5801 key support, below this level will indicate that the uptrend from 1.3503...
GBPUSD remains in downtrend from 1.7042 and the fall extends to as low as 1.6153. Deeper decline to test 1.5801 key support is expected in next several days, a break below this level will indicate that the...
GBPUSD has formed a cycle top at 1.7042 level on daily chart. Further decline to 1.5900-1.6000 area is expected in a couple of weeks, and a break down below 1.6275 will confirm such case. Near term resistance...
