GBPUSD Daily Analysis – November 21, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend.
FXB
GBPUSD Forecast November 19, 2014, Technical Analysis
The GBPUSD pair initially tried to rally during the session on Tuesday, but struggled in order to hang onto any type of gains, so therefore we ended up falling.
GBPUSD Daily Analysis – November 18, 2014
GBPUSD remains in downtrend from 1.6182, the rise from 1.5592 is likely consolidation of the downtrend.
GBPUSD Daily Analysis – November 17, 2014
GBPUSD’s downward movement from 1.6182 extended to as low as 1.5592.
GBPUSD Weekly Analysis – November 16, 2014
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.5592.
GBPUSD Daily Analysis – November 10, 2014
GBPUSD is in downtrend from 1.6182, the rise from 1.5790 is likely consolidation of the downtrend.
Forex Markets Prepare For An Interesting Week Ahead
As another trading week and month gets underway, it’s time to take a look at several of the major currency pairs in the futures market ahead of what is likely to be an interesting time.
GBPUSD Daily Analysis – October 27, 2014
GBPUSD continued its sideways movement in a range between 1.5874 and 1.6226.
GBPUSD Daily Analysis – October 24, 2014
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be expected after consolidation.
GBPUSD Daily Analysis – October 23, 2014
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226.