Tag: GBPUSD

GBPUSD is in up trend. Further rise towards 2.0400 to to reach next cycle top on daily chart is now in favor. Initial support is at 1.9700, as long as this support holds, we’d expect up trend...

GBPUSD broke above 1.9852 resistance and reached as high as 1.9952 level. Further rise to 2.0200 area could be seen in a couple of weeks. Initial support is at 1.9650, only break down below this level will...

Being contained by 1.9800 resistance, GBPUSD pulled back from 1.9791 level, suggesting that the pair is back to range trading between 1.9363 and 1.9852. Only break above 1.9800 level will signal resumption of up trend.. Long term...

GBPUSD is testing 1.9800 resistance, a break of this level will signal resumption of up trend, and then further rise to 2.0300 area to reach next cycle top could be seen in a couple of weeks. However...

GBPUSD is forming a sideways consolidation in a range between 1.9363 and 1.9852, and will move without trend in this range in next few days. As long as 1.9363 support holds, we’d expect up trend to resume...

GBPUSD is forming a sideways consolidation in a range between 1.9363 and 1.9852. Pullback to retest 1.9363 level is still possible next week. As long as 1.9363 support holds, we’d expect up trend to resume and rise...

GBPUSD traded in range between 1.9363 and 1.9852. Pullback to retest 1.9363 level is still possible in a couple of days. As long as 1.9363 support holds, we’d expect up trend to resume and rise to 2.0300...

GBPUSD rebounded sharply from 1.9461. The rise from 1.9461 could possibly be resumption of up trend. Further rise to test 2.0029 resistance is expected in a couple of weeks. Key support is located at 1.9363, only break...

GBPUSD is in correction to the up trend. Deeper decline to 1.9500 area is still possible in a couple of days. As long as 1.9363 support holds, we’d expect up trend to resume, and a break of...

GBPUSD is in up trend. Pullback from 1.9852 is treated as consolidation to the up trend. Further rise to test 2.0029 resistance is still possible after consolidation. Near term support is at 1.9672, fall below this level...