Tag: GBPUSD
GBPUSD – 8 months low
In previous analysis from December 16 I pointed 2 supports, which could cause correction. They are at levels: 1.4870, 1.4740. First of them stopped...
GBPUSD – supply is not giving up
Last analysis GBPUSD from October 2 gave 250 pips profit. I pointed important support which should make rebound and targets for rebound. I wrote:...
GBPUSD – on three weeks high
Today US inflation data was published. That was one of the last important macro reading before next week FED meeting. As federal reserve expected,...
GBPUSD – attempts of support defense at 1.5000 level
GBPUSD began this week at new 6-months low. And today after one-session break, price deepened the low. If support at 1.5000 breaks, nearest target...
GBPUSD – downtrend returns after the end of simple correction
Dollar weakened today after statements of FED members regarding interest rate hikes. Rapid achievement of the inflation target of 2% isn't so sure at...
GBPUSD – waiting for breakout of consolidation
Since a week GBPUSD moves in a narrow consolidation between support at 1.5410 and resistance at 1.5505. Currently the range of price movement is...
GBPUSD – an upward movement within the channel
In October 1st analysis I wrote: "if bulls breaks above the new resistance on 1.5160 that will lead to first target on 1.5330 and...
GBPUSD – drop below the minimum of September is a fact
Since September 7 GBPUSD moved upward to level 1.5660. The upward movement took the form of simple ABCD correction where AB = CD. Two...
GBPUSD – correction may be completed, time for a new minimum
In last week's analysis, I pointed out that the rebound took the form of flag which suggests that in the near future falls will...
GBPUSD – rebound in progress, Wednesday was another day of upward movement
Since September 7 rebound on GBPUSD is in progress. Today the price is trying to get over 50% Fibonacci retracement of last downward move....
