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GBPUSD – upward movement reached first resistance

After huge selloff during last week, GBPUSD reached 1.3850 support. At this area we observe lows from 2009 and since the beginning of current...

GBPUSD – forecast of brexit plunges the bulls

This week is a bulls' nightmare. Since Monday we observe fall at GBP/USD, despite the recommendations of British Prime Minister David Cameron. He will...

GBPUSD returned to declines, after short correction

Previous GBPUSD analysis gave almost 300 pips profit. I wrote: "If price stays above 1.4500 first target for falls will be at 1.4400. Next...

UBS Trade Ideas: EUR/USD, GBP/USD, USD/JPY, EUR/GBP

Trade Ideas are short term (mostly intraday) forex strategies realesed daily by UBS analytics. In todays release we can get to know with their...

GBPUSD – declines after U.S. nonfarm payrolls readings

After macroeconomic reading of U.S. nonfarm payrolls dollar strengthened. EURUSD and GBPUSD declined, but more interesting situation can be seen at GBPUSD. Nonfarm payrolls...

GBPUSD – Inside upward channel

After rebound on January from 6-years low, GBPUSD continues upward movement. Since two weeks it moves in bullish regression channel. Before new uptrend impulse...

GBPUSD – dynamic rebound after price reached 6-years low

In Monday's analysis (after upward movement in the morning) I pointed two scenarios: successful rebound or deepened falls: "it is likely that today will...

GBPUSD – rebound attempt from support at 1.4250

Last week's analysis was very profitable and gave 350 pips profit. I wrote: "Demand couldn't go back even for a moment above 1.4600. Further...

GBPAUD – movement in downtrend channel

Since last year's August GBPAUD moves in a downtrend. Previous wave of declines finished at 2.0170 (almost 7-months low) and rebound occurred. Price was...

GBPUSD – at key support

Hawkish FED strengthened dollar at all of the fronts. Yesterday FOMC minutes were published and they confirmed FED's members unanimity in the matter...

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