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GBPUSD - GBPUSD Triangle Break Looms
The British pound continues to trade at the lower end of its trading range against the US dollar on Monday, with price currently consolidating inside a neutral triangle pattern as traders await the ne...
GBPUSD Analysis: Bearish pressure allays
Downside risks have pressured the GBP/USD exchange rate lower for two consecutive weeks. Following a breakout from the senior channel on Thursday, the Pound fell even lower and eventually reached a fr...
Murrey Math Lines: EURUSD, GBPUSD
In the H4 chart, EURUSD is trading below the 3/8 level. In this case, the price is expected to continue falling towards the support at the 0/8 one. The lines in the H4 and H1 charts are completely the ...
GBPUSD rebounds after break(s) failed
Yesterday, the GBPUSD fell below a trend line on the daily chart. Today the underside of that trend line was tested at the highs. The level held and the price continued the move lower (see daily chart ...
GBP/USD Daily Price Forecast – GBPUSD Tests 1.280 Handle Ahead of London Market Hours
The British pound went sideways during most of the trading session on Thursday and early Asian market hours today saw the pair trade range bound ahead of a busy Friday’s London market hours. The pair ...