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GBP/USD trapped between reversal pattern and long-term trendline [Video] GBPUSD started the week with weak momentum, holding slightly above the supportive red Tenkan-sen line and ...
But a long-term descending trendline stretched from the 2015 peaks managed to halt the price around 1.3170, where the pair now seems to have created a double top formation – a bearish reversal pattern ...
The advance has slowed following the latest UK jobs data, although the UK currency has proved resilient. The dollar has regained some ground after recent sharp losses and helped cap the ...
EURUSD and AUDUSD have their own problems earning true break, but GBPUSD and NZDUSD are even more restricted with key event risk ahead in UK GDP and an RBNZ decision ...
The U.K. jobs picture remains bleak, according to the latest data released Tuesday, with a low unemployment rate masking a sharp drop in employment and ...