GBP/USD – Technical Analysis (05.01.2015)
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...