Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of ... Read More
Pair’s Outlook As it turned out, GBP/USD did not have to undergo a deep bearish correction in order to climb over the weekly PP. Now the currency pair is ... Read More
Pair’s Outlook The Cable is currently experiencing difficulties overcoming the weekly pivot point, which did not let the Pound to appreciate further. Accordingly, the nearest future could be associated ... Read More
Pair’s Outlook The Pound continues to recover after an encounter with a cluster of supports around 1.6750. This demand area consists of the monthly pivot point, 55-day SMA and ... Read More
Pair’s Outlook By rebounding from the rising support line at 1.6742/29, which is reinforced by the 55-day SMA, the Cable preserved its bullish outlook. At the same time the ... Read More
Pair’s Outlook None of the nearest supports were able to negate the bearish momentum yesterday. Consequently, we are now left only with 1.6736/26 (55-day SMA and up-trend line) that ... Read More
Pair’s Outlook As the Cable failed to rise above the weekly PP yesterday, it extended the decline from 1.70, closing in the end near the weekly S1 and monthly ... Read More
Intraday bias in GBP/USD remains neutral for the moment. While the overall development raises the chance of topping at 1.6995, the pair is still staying above 1.6819 support and ... Read More
Pair’s Outlook The Cable remains bearish after hitting the 2009 highs. For now it is supported by the 20-day SMA, but there’s a high probability of an extended sell-off. ... Read More
Pair’s Outlook GBP/USD remains bearish after hitting 2009’s peak, even though the technical indicators are mostly pointing upwards at the moment. The Cable may find support at 1.6858/48, which ... Read More
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