We now see the price trading well above 1.2500, and the Pound performing today more positively than the Euro, both of which are bullish signs. However, be cautious! U.S. Dollar is certainly falling, but it is hard to see what will change that before next week.
GBP/USD takes the bids around 1.2630 while heading into the London open on Thursday. In doing so, the Cable pair refreshes the highest levels since June 16 while also flashing a five-day winning streak.
As the Cable keeps the previous day’s break above 200-day EMA, the bulls are targeting a hor
GBP/USD reaches its highest level in three-weeks despite lack of progress.
Lack of progress in EU/UK negotiations largely priced in.
Cable could approach 1.2700 in the upcoming sessions.
The GBP/USD pair advanced for the fourth day in a row on Wednesday, climbing above 1.2600 to reach its highes
GBP/USD nears three-week top, recently bounced off 1.2600.
A successful trading above the key EMA enables the quote to confront a three-month-old horizontal resistance.
61.8% Fibonacci retracement adds to the downside support.
GBP/USD remains on the front foot around 1.2613 during the early Asian s
Very nice market structure patterns with the GBP pairs this week. Market structure tells us that all assets move in certain waves, and these waves repeat in cycles. Certain currencies have their time for a trend and the GBP seems to be primed for its trend. GBPUSD had a n
The GBP/USD lifted higher towards 1.2600 on the back of Brexit optimism, before easing when no concrete deal proved to be forthcoming. With there being no outcome on the Brexit talks, analysts at OCBC
GBP/USD stays positive near the highest levels in three weeks.
A clear break above 61.8% Fibonacci retracement favors further upside.
Optimists can eye June month high above the key EMA, Friday’s bottom could regain market attention under 1.2515.
GBP/USD takes the bids near 1.2565 amid the initial