GBPUSD Short-Term Reversal June 9, 2015
GBPUSD could be done with its short-term selloff since the pair is creating a double bottom reversal formation on its 1-hour time frame.
GBP/USD
GBPUSD Weekly Analysis – March 29, 2015
GBPUSD’s bounce from 1.4634 extended to as high as 1.5162.
GBPUSD Daily Analysis – February 10, 2015
GBPUSD broke above 1.5268 resistance, indicating that the downtrend from 1.5785 (Dec 16, 2014 high) had completed at 1.4950 already.
GBPUSD Forecast February 9, 2015, Technical Analysis
The GBPUSD pair fell during the course of the day on Friday, testing the 1.52 handle.
GBPUSD Daily Analysis – January 15, 2015
GBPUSD remains in downtrend from 1.5785, the rise from 1.5034 is likely consolidation of the downtrend.
GBPUSD Major Correction – Jan 12
GBPUSD is showing signs of a pullback, as price previously found support near the 1.5000 major psychological level. Using the Fibonacci retracement tool on the latest swing high and low on the 4-hour time frame indicates that the 61.8% Fibonacci level lines up with a former support zone.
GBPUSD Daily Analysis – December 23, 2014
GBPUSD is facing 1.5541 support again, a breakdown below this level will signal resumption of the downtrend
GBPUSD Daily Analysis – December 8, 2014
GBPUSD broke below 1.5585 support, indicating that the downtrend from 1.6182 has resumed.
GBPUSD Daily Analysis – December 2, 2014
After touching 1.5590 support, GBPUSD bounced back into the trading range between 1.5590 and 1.5825,
GBPUSD Daily Analysis – December 1, 2014
GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed.