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Subscribe to this list via RSS Blog posts tagged in GBPUSD

Posted by on in FX Chart Updates

A solid rebound back higher to the range last week, and despite the Monday failure back from 1.5690, a Tuesday breakout above here reinforces a bull tone for Wednesday and also can re-energize the underlying bull theme.

The July push through resistances from June, the rally from our 1.5327 retrace support, and rebound from ahead of the trend line from May all leaves an upside risk into August.

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Tagged in: CABLE Forex FX GBP GBPUSD
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Posted by on in FX Chart Updates

A dip and a bounce to maintain range phase that has dominated since mid-July and leave a consolidation theme for early August.

However, the early July push through resistances from June and the rally from our 1.5327 retrace support, leaves an upside risk into August.

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Posted by on in FX Chart Updates

A strong rally Tuesday for a bullish outside pattern to hit our 1.5629/44 target area and reinforce the recent bounce from our 1.5327 retrace support level.

This keeps a bias for further upside through midweek.

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Tagged in: Forex FX GBP GBPUSD USD
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Posted by on in FX Chart Updates

A dip lower this week through at 1.5805/00 and the June trend line favours a consolidation tone on Tuesday.

However, the push last week through a long term retrace barrier at 1.5879 after the recovery through the 1.5815 peak leaves a bullish recovery tone for late June.

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Tagged in: CABLE Forex FX GBP GBPUSD
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