GBPUSD Forecast May 14, 2014, Technical Analysis
The GBPUSD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that formed on Monday.
British Pound Sterling
GBPUSD Daily Analysis – May 12, 2014
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart.
GBPUSD Daily Analysis – May 6, 2014
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6918 is likely consolidation of the uptrend.
GBPUSD Daily Analysis – May 5, 2014
GBPUSD remains in uptrend from 1.6465, the fall from 1.6918 could be treated as consolidation of the uptrend.
GBPUSD Daily Analysis – April 30, 2014
GBPUSD stays in a trading range between 1.6762 and 1.6857.
GBPUSD Forecast April 25, 2014, Technical Analysis
The GBPUSD pair fell initially during the session on Thursday, but found enough support below at the 1.68 level to push things higher inform something along the lines of a hammer.
GBPUSD Daily Analysis – April 14, 2014
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465, the fall from 1.6820 could be treated as consolidation of the uptrend.
GBPUSD Forecast April 11, 2014, Technical Analysis
The GBPUSD pair fell during the bulk of the session on Thursday, but bounced enough to form a little bit of a hammer.
GBPUSD Daily Analysis – April 8, 2014
GBPUSD broke above 1.6620 resistance, suggesting that the downward movement from 1.6684 had completed.
GBPUSD Daily Analysis – April 7, 2014
GBPUSD’s fall from 1.6684 extended to as low as 1.6553.