GBPUSD

The pound sterling finally made the final push to rise above the 1.3122 target level on Friday. But price action quickly gave back the gains into the close. Still, GBPUSD was just a few pips away from a six month high. The current… Read More

The pound sterling touched a fresh 4-month high on Thursday. After a brief pullback, prices reversed direction and continued higher. We now expect the currency pair to continue toward the 1.3122 level. This will see price action… Read More

The British pound sterling is maintaining its steady winning streak, as price rose to a fresh four-month high on Wednesday. After a brief move above the 1.3000 level, GBPUSD is retreating. If the declines continue, the rising trend… Read More

The British pound sterling continues with this bullish streak. Price action is now close to the 1.3000 handle which could potentially open the way to 1.3122 next. To the downside, support is found at 1.2813 which could stall the currency… Read More

The Pound sterling is also lifted by a weaker greenback. Price action rose to nearly a 5-month high on Monday. On an intraday basis, GBPUSD pushed toward 1.2902 before pulling back slightly. Given the current momentum, GBPUSD could be… Read More

The British pound sterling resumed its upside following a brief consolidation earlier IN the week. Price is now just a few pips away from the key technical resistance of 1.2813. A close above this level will see GBPUSD rising to a… Read More

The pound sterling is trading rather muted with price action struggling to break out from previous session highs. GBPUSD rose to highs of 1.2743 following which prices pulled back sharply. At the time of writing, GBPUSD is attempting… Read More

The cable is trading flat for the day, following a pullback after Tuesday's gains. GBPUSD pared gains to fall back to the price level of 1.2643. As a result, support is now established at this level, evident from the rebound off this… Read More

The GBPUSD formation hints to a bullish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary degree pattern is part of a triangle wave e. At the time of writing, the first four waves are fully complete. The last wave Ⓩ is only half the way through.… Read More