GBPUSD Weekly Forecast 16th – 20th March 2020
GBPUSD Failed to create higher highs upon USD weakness, and begun its tumble when the Dollar began to strengthen.
GBPUSD Bottom of Falling Wedge.
As previously mentioned, GBPUSD has been undervalued for a period of time due to Brexit.
Post-Brexit Recovery for the Pound
It's been almost a month since the UK officially left the European Union.So what's happening with the pound and...
GBPUSD Retest Demand turned Supply Zone.
GBPUSD failed to create higher highs on Brexit, and has since fell and broken rising trendline. Price has now retraced back to supply zone, and has been resisted twice.
GBPUSD Weekly Forecast 10th – 14th February 2020
The Dollar has been strengthening in response to positive data last week, breaking November's high. This has caused GBPUSD to plummet
GBPUSD Weekly Forecast 3rd – 7th February 2020
With UK finally leaving EU after 3 years of turmoil, UK PM Boris Johnson was optimistic, focusing on a national renewal of equality and growth.
GBPUSD Weekly Forecast 20th – 24th Jan 2020
GBPUSD initially found support at 1.29640 on a harmonic pattern. However, the bullish trend was weak which led to price dipping on last trading day.
Inverse Head and Shoulder, Retracement Channel Completed, Long GBPUSD, 24th November 2016
Technical Analysis and Market Sentiment: An inverse head and shoulder is forming and the 2nd shoulder is beginning to form. A retracement channel has just completed in the midst of…
Fell from Falling Trendline, 2 Minor Retracements Completed, Short GBPUSD, 14th October 2016
Technical Analysis: The price was resisted by a falling trendline that was formed since the plunge and has completed a wave of depreciation, followed by the completion of 2 minor…
Short GBPUSD 4th October 2016
GBPUSD H1 Chart GBPUSD M5 Chart Technical Analysis: The price has broken below the Brexit low and the price is now left with no immediate support level to hold the…