Pound Sterling (GBP)

US30 begins to pullback The Dow Jumps to another record with renewed optimism that tax cuts will come sooner rather than later under the Trump administration. The index to consolidate after the rally stalled at 43800. 43200 at the…
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NAS 100 another week, another high Indexes rallied last week, hitting record highs, as Donald Trump won the presidential election. Trump looks likely to support lower corporate tax rates, deregulation, all of which could provide more…
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GBPUSD managed to sustain trades above the support of 1.2800-20 and hit the target of 1.3020-40, which in turn pushed for another swing toward 1.2835. Above 1.3040 more advance toward 1.3150-75 will be expected. Below 1.2800 more of a…
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GBPUSD probes resistance Similar to most dollar pairs, Cable attempts to erase the recent losses but jumps back above the recent swing high. 1.3000 becomes the latest significant resistance as price action claws its way back into buying…
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GBPUSD headed for a drop as prices still face a trend support around 1.2800-20. This support zone could keep the chance for a rebound correction toward 1.3020-40 and 1.3150-75. Below 1.2800 the risk for a further drop toward 1.2680…
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GER 40 grinds demand area The Ger 40 (Dax) struggles as the sell-off from last week rumbles on. The index is still trying to hold onto 19000, as a drop below this critical chart level could shift sentiment to the pessimistic side and…
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GBPUSD printed above 1.3015 which could be the first sign of further advance. As we see on the chart, the market is facing support around 1.2900. If prices remain above it a rebound movement toward 1.3150-75 will be expected. Below…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As we see on the chart, prices face a downtrend resistance around 1.3015. If prices remain below it, then the downtrend pressure could sustain toward…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As long as the market holds below 1.3075, the downtrend pressure could continue toward 1.2820-50. Above 1.3075, the market could have the chance…
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GBPUSD managed to sustain trades below the resistance 1.3075 and dropped toward 1.2907. As long as the market holds below 1.3075, the downtrend pressure could continue toward 1.2820-50. Above 1.3075, the market could have the chance…
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