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.
Pound
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 20, 2014
GBPUSD remains in downtrend from 1.6524, the price action from 1.5951 is likely consolidation of the downtrend.
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 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 – September 29, 2014
GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214.
GBPUSD Daily Analysis – September 19, 2014
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.7190 (Jul 15 high) had completed at 1.6051 already.
GBPUSD Daily Analysis – September 18, 2014
GBPUSD is facing the resistance of the downward trend line on 4-hour chart.
GBPUSD Daily Analysis – September 17, 2014
GBPUSD’s bounce from 1.6051 extended to as high as 1.6309, however, the bounce is likely consolidation of the downtrend