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Subscribe to this list via RSS Blog posts tagged in GBPUSD

Posted by on in FX Chart Updates

GBPUSD bear trend intact

·         A better rebound than expected Friday and this morning to ease immediate downside risks and aim higher Monday, towards 1.5970/75, but with a likely cap above at 1.6040.

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

GBPUSD bear trend resumption threat

·         We stated in our last report to our clients that “we see modest resistance now at 1.6075/85 capping into midweek and see a more negative theme for extension below the 1.5875 October cycle low” and the roll back to the range this morning from ahead of this resistance aims lower.

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

GBPUSD bear trend resumption threat

·         We have stressed in our recent reports to clients that “the previous roll back from the 1.6186 level ahead of the solid barrier at 1.6228 see bias for a roll back to the rebound range for 1.5995 and 1.5940 later this week”.

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Posted by on in FX Chart Updates

GBPUSD negative tone and support threats

·         Despite a bounce at the end of last week, modest resistance has capped at 1.6110/15 with a better barrier at 1.6186.

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Tagged in: CABLE Forex FX GBP GBPUSD
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