Tag: GBPUSD

No changed in our view, GBPUSD is in down trend. Rebound from 1.9599 is treated as correction to the down trend. Further rise to test the price channel resistance is still possible in a couple of days....

GBPUSD is in down trend. Rebound from 1.9599 is treated as correction to the down trend. Further rise to test the price channel resistance is still possible next week. As long as 2.0193 resistance holds, we’d expect...

GBPUSD is in down trend. Further fall to retest 1.9337 previous low support is still in favor. Near term resistance is now at 1.9894, as long as this resistance holds, we’d expected down trend to continue.

GBPUSD is in down trend. Deeper decline to test 1.9337 is still possible in the next several days. Near term resistance is at 1.9841 and key resistance is at 2.0049. As long as 2.0049 resistance holds, we’d...

GBPUSD drops sharply to as low as 1.9656. Near term resistance is now at 2.0049, as long as this resistance holds, we’d expect down trend to continue and deeper decline to retest 1.9337 long term support is...

GBPUSD is in down trend. Rebound from 1.9736 is treated as consolidation to the down trend. Further fall to test 1.9337 previous low support is still in favor after consolidation. As long as 2.0193 resistance holds, we’d...

GBPUSD breaks below 1.9736 support and down trend resumes. Further fall to test 1.9337 previous low support is expected. Near term resistance is now at 2.0193, as long as this resistance holds, we’d expect down trend to...

GBPUSD is in down trend. The rebound from 1.9736 is treated as consolidation to the down trend. Deeper decline to retest 1.9337 previous low support is still possible after consolidation, and a break below 1.9736 level will...

GBPUSD is forming a cycle bottom at 1.9736 on daily chart. Consolidation could be seen before breaking below 1.9736 level. Down trend will resume after consolidation, a break down of 1.9736 will signal the resumption of the...

GBPUSD’s down trend resumed and dropped sharply to as low as 1.9736 level. Further fall to retest 1.9337 previous low support is still possible. Near term resistance is now at 2.0090, as long as this resistance holds,...