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GBP/USD

GBP/USD – Technical Analysis (05.01.2015)

Next target for the GBP/USD is the major support level at 1.5227. Initial resistance is expected at 1.5485.

The GBP/USD bears are still in a firm control of the situation. Next target for the pair is the major support level at 1.5227. Initial resistance is expected at 1.5485.  More...

by ProfitEase.com | in GBP/USD | Published 3 years ago
The GBP/USD's upside seems limited below the 1.5584-1.5600 resistance area. Next target on the downside for the forex pair is the crucial 1.5430 support.
By ProfitEase.com in GBP/USD On Monday, December 29th, 2014
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GBP/USD – Technical Analysis (29.12.2014)

The GBP/USD’s upside seems limited below the 1.5584-1.5600 resistance area. Next target on the downside for the forex pair is the crucial 1.5430 support.  More...

We expect the prevaling GBP/USD downtrend to renew in the near future as reversal signals appeared around 1.5750. Immediate support is offered by 1.5693.
By ProfitEase.com in GBP/USD On Thursday, December 11th, 2014
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GBP/USD – Technical Analysis (11.12.2014)

The GBP/USD correction is losing steam as reversal signs appeared around the 1.5730-1.5750 resistance area. Although a repeated attempt is not to be excluded, we expect the prevaling downtrend to renew in the near More...

The forex pair is currently targeting the major support at 1.5425. Initial resistance is 1.5725.
By ProfitEase.com in GBP/USD On Tuesday, December 9th, 2014
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GBP/USD – Technical Analysis (09.12.2014)

The GBP/USD downtrend is set to continue. The forex pair is currently targeting the major support at 1.5425. Initial resistance is 1.5725, and the outlook below this level will remain markedly bearish.  More...

Next target on the downside for the GBP/USD is 1.5425. Immediate resistance is expected at 1.5730.
By ProfitEase.com in GBP/USD On Saturday, December 6th, 2014
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GBP/USD – Technical Analysis (08.12.2014)

The GBP/USD downtrend is intact, and the forex pair is close to breaking through the 1.5580 support. Next target on the downside is 1.5425. Immediate resistance is expected at 1.5730.  More...

The short-term outlook for the GBP/USD is positive above the 1.5585 support. The corrective movement will send the pair to the 1.5624-1.5635 resistance zone
By ProfitEase.com in GBP/USD On Friday, December 5th, 2014
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GBP/USD – Technical Analysis (05.12.2014)

The short-term outlook for the GBP/USD is positive above the 1.5585 support. We expect the corrective movement to send the pair to the 1.5624-1.5635 resistance zone, where the upside should be capped and the downtrend More...

The GBP/USD is currently targeting 1.5590 en route to the crucial support at 1.5425. The resistance at 1.5825 will limit any potential correction attempts.
By ProfitEase.com in GBP/USD On Wednesday, December 3rd, 2014
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GBP/USD – Technical Analysis (03.12.2014)

The GBP/USD downtrend is far from over. The pair is currently targeting 1.5590 en route to the crucial support at 1.5425. The resistance level located at 1.5825 will limit any potential correction attempts.  More...

The 1.5875 resistance should halt the GBP/USD upside attempts and resume the prevaling downtrend, targetting the 1.5590 support.
By ProfitEase.com in GBP/USD On Thursday, November 27th, 2014
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GBP/USD – Technical Analysis (27.11.2014)

Despite the GBP/USD’s advance to a session high of 1.5805, the pair’s rally looks brittle and only corrective in nature. The 1.5875 resistance should halt the GBP/USD upside attempts and resume the More...

The GBP/USD's unsuccessful attempt at the 1.5735 upper boundary of the range signals that the pair is about to head back to 1.5590, en route to 1.5425.
By ProfitEase.com in GBP/USD On Wednesday, November 26th, 2014
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GBP/USD – Technical Analysis (26.11.2014)

The GBP/USD’s unsuccessful attempt at the 1.5735 upper boundary of the trading range (see chart) signals that the pair is about to head back to 1.5590. A breach there will send the GBP/USD to  the key support More...

Though more sideways is possible, we expect a break through the 1.5592 support to send the GBP/USD to 1.5394. Initial resistance is expected at 1.5735.
By ProfitEase.com in GBP/USD On Monday, November 24th, 2014
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GBP/USD – Technical Analysis (24.11.2014)

After breaking down to fresh lows last week, the GBP/USD has been trading in a range between 1.5735 and 1.5592. Although more sideaways trading cannot be excluded, we expect a break through the 1.5592 support to More...

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