GBPUSD – move in the upward channel and attempt to exit from consolidation

From the bottom of 7 August formed the upward channel, in which "Cable" moves. Currently, the lower limit of the channel is located at...

GBP/USD (H4): Retest of the suport area

GBP/USD (H4): Retest of the suport area         Forecast: After test of suport area movement upwardAlternative forecast: Breaching suport area at 1.5670-80 and move down                     Details: Strong...

GBP/USD (H4): Bulls are getting stronger

GBP/USD (H4): Bulls are getting stronger Forecast: Breaking resistance at 1.5680 Alternative scenario: Bumping from resistance and getting lower Details: Bulls have a lot of power in...

GBPUSD – waiting to break out of consolidation

Today's surprising data reading of core inflation in the UK has caused a violent reaction on GBPUSD pair. Inflation rises above forecasts what may mean...

GBP/USD (H4): Side trend

GBP/USD (H4): Side trend Forecast: Reaching resistance at 1.5670 and getting lower Alternative scenario: Breaking resistance at 1.5670 and going further Comments: We saw reaction of bears...

GBP/USD (H4): Increases after correction

GBP/USD (H4): Increases after correction Forecast: Targeting 1.5670 – consolidation upper limit Alternative Scenario: Breaking below current short-term channel Comments: Yesterday we saw a small correction and...

GBP/USD (H4): Cable in a consolidation

GBP/USD (H4): Cable in a consolidation Forecast: Rebounding from local support zone near 1.5550 – look for buy signal there Alternative Scenario: Moving back to consolidation...

Ichimoku Kinko Hyo – GBP/USD, GBP/JPY, GBP/AUD – August 6th

GBP/USD GBP/USD since longer period of time stays inside tight trading range between 1.5500-1.5650. However today’s session may become a “Cable Day” due to Super...

Price Action Setups Daily – EURUSD, GBPAUD, GBPUSD, USDJPY – August 5th

EUR/USD Euro to US dollar is moving towards support and if it rebounds, purchase signal may occur. Another interesting scenario however, will be breakout of...

Price Action Setups Daily – AUDNZD, EURUAD, EURJPY, GBPUSD – August 4th

AUD/NZD Downward correction closed the position on SL. It is worth noting, that the signal that appeared a little bit later also ended the same...

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