Nothing has changed over the festive period. The UK is still on course to leave the EU at the end of January, with only a few days of scrutiny over the withdrawal bill next week standing in the way. The pound has managed to hold onto much of its election gains although it remains a little off the highs. Given Boris Johnson’s recently earned majority in the House...
After the election result came positive for conservative party the pound rally towards 1.35000 level.. And suddenly the market turn pessimistic about the pound as the upcoming Brexit hurdles may affect the GBP and the pair started falling towards 1.29500 level.. Due to the year end weakening of the dollar GBPUSD find some bull market Now The pair trading nearby...
GBPUSD reversed off its resistance at 1.3378 where it could potentially drop further to 1.2924. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPUSD GU has pushed up a bit and no looks like we are rejecting of resistance. Keep in mind that we need to see price to reject from resistance more than once before we think about jumping into a trade. There will always be a better opportunity or a better trade. We do not want to rush into a sell because we see one rejection off resistance, this would be...
GBPUSD expected to rise up to 1st resistance at 1.3378 where it could potentially react off and drop down to 1st support at 1.2943. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPUSD expected to rise up to 1st resistance at 1.3378 where it could potentially react off and drop down to 1st support at 1.2943. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPUSD is in Bullish trend .
GBPUSD reversed off its resistance at 1.31246 where it could potentially drop further to 1.27253. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
GBPUSD reversed off its resistance at 1.31246 where it could potentially drop further to 1.27253. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
GBPUSD reversed off its resistance at 1.31067 where it could potentially drop further to 1.27253. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPUSD is approaching its resistance at 1.31158 where it is could reverse down to its support at 1.27253. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
With the GBPUSD's failure to break the resistance line at 1.33 this led to declines, the declines did not stop at the 1.30 support line and the next support line would only be at 1.28. Note that today's declines are not similar to the previous declines (May to August) because this time the candles above the Ichimoku cloud mean that the trend remains on the...