Last Friday, the Sterling managed to clear the 1.5132 resistance, leaving the pair seeking 1.52. If it breaks it, the next stop is at 1.526, before getting to 1.53. Checking the daily chart it seems i...

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The GBPUSD has been in a fairly narrow trading range during the NY session. The price remains below the 100 and 200 bar MA on the 5 minute chart at the 1.5155 level.  In the ...

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09:10 (CET) - GBPUSD: sterling still under pressure

The dollar gained positions once more, after performing a pullback over 1.52. Right now, it's losing 1.5, which targets the main objective at 1.4852. In the way, there are well defined supports, such ...

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The GBPUSD held the 100 hour after a brief move below after the NFP number and then used the level as a spring board to higher levels (see prior post by clicking here). The market then pushed through ...

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The EURGBP has had a wild day today - first rallying strongly on the back of the GBPUSD poll results and the merger news from Pru PLC and AIG Asia.  In NY the market reversed as London was set to...

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The 100 hour MA comes in at 1.5065. Look for profit taking/dip buyers against the level. Topside resistance now comes in at the 1.5092 level and above that at 1.5105. The 1.5092 is the midpoint of the...

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The GBPUSD remains in between from the trendline at the 1.5414 area and the 100 hour MA on the topside at hte 1.5465.  T...

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The GBPUSD is consolidating the losses today as London looks to exit for the day. The price has moved higher during the NY session and has tested the 200 bar....

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Forex Trading: GBPUSD Contained In Early NY Trading

The GBPUSD has been in a fairly narrow trading range during the NY session. The price remains below the 100 and 200 bar MA on the 5 minute chart at the 1.5155 level.  In the early NY session the ...

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The 100 hour MA comes in at 1.5065. Look for profit taking/dip buyers against the . Topside resistance now comes in at the 1....

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