The (GBPUSD) powered almost 100 pips in the hour following the highly anticipated FOMC and Fed rate hike. The GBPUSD is now extending the Bull Flag (on the daily chart), and testing a massive triangle...
The (GBPUSD) is trying to firm after getting rejected at downchannel resistance (on the daily chart) and sliding roughly 100 pips. Regardless of any further profittaking in the next day or so, odds are...
The (GBPUSD) is consolidating for a 3rd straight day near downchannel resistance (on the 4hr chart). The GBPUSD appears to be readying to complete (in the next week) the Bull Flag consolidation since...
The (GBPUSD) is trying to firm after yesterday’s healthy profittaking, but remains vulnerable to more consolidation ahead of the weekend before it can rechallenge the psychologically key 1.15 whole figure...
The (GBPUSD) surged more than 200 pips yesterday from the day’s low to high, and is now retesting triangle resistance (on the daily chart). With the GBPUSD near complete in its consolidation just...
The Bank of England recently hiked interest rates by 50 basis points, marking its biggest single rate increase since 1995.
The (GBPUSD) has spent this week catching its breath just above descending wedge resistance (on the weekly chart). Volatility is about to surge following today’s 7am EST BoE monetary policy report/summary...
The (GBPUSD) is making progress in forming a major bottom after bouncing off the psychologically key 1.20 whole figure level yesterday and surging above descending wedge resistance (on the weekly chart). ...
The (GBPUSD) is once again in the early stages of trying to form a major bottom with this week’s green weekly candle trying to push above last week’s high. Any daily close above descending wedge resistance...