GBPUSD Daily Analysis – October 20, 2014
GBPUSD remains in downtrend from 1.6524, the price action from 1.5951 is likely consolidation of the downtrend.
FXB
GBPUSD Daily Analysis – October 15, 2014
GBPUSD broke below 1.5951 support, indicating that the downtrend from 1.7190 (Jul 15 high) has resumed.
Currency Futures Round Up After a Quiet Start
With many of the major trading centres closed yesterday for public holidays, and with little in the way of meaningful fundamental news to drive price action, trading volumes in currency futures remained thin, with the Aussie dollar, the British Pound, the Canadian dollar and the Euro, all consolidating further following the volatile price action of last week.
GBPUSD Daily Analysis – October 14, 2014
GBPUSD remains in uptrend from 1.5951, the fall from 1.6226 is likely correction of the uptrend.
GBPUSD Daily Analysis – October 8, 2014
GBPUSD is facing the resistance of the downward trend line on 4-hour chart.
GBPUSD Daily Analysis – October 7, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, as long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend.
GBPUSD Daily Analysis – October 3, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, and the fall extended to as low as 1.6112.
GBPUSD Daily Analysis – October 1, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524.
GBPUSD Daily Analysis – September 30, 2014
GBPUSD remains in downtrend from 1.6524, as long as 1.6340 resistance holds, the downtrend could
GBPUSD Daily Analysis – September 29, 2014
GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214.