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...