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The British pound is trying to recover against the US dollar during early trading on Monday, after initially falling. At this point, the market is more likely oversold than anything else.
The British pound continues to rollover overall, as the Brexit of course weighs upon the currency. Beyond that, we have recently tested major resistance, so it makes sense that we start to drift a ...
The British pound initially tried to break above the 1.40 level on Tuesday but gave back the initial gains as we may have gotten to that level far too quickly. GBP/USD Price Forecast – British ...
The British pound has rallied a bit on Monday, breaking above the top of the “inverted hammer” from Friday. We are at major technical levels as well. GBP/USD Price Forecast – British Pound ...
The British pound pulled back a bit against the US dollar, but then turned around. 1.2650 continues to be massive resistance though, extending towards 1.2750. GBP/USD Price Forecast – British ...
It has failed at the 1.27 handle, and as long as the stays underneath that level it’s likely that we will fulfill the measured move suggested by the descending triangle. GBP/USD Weekly Price ...
The British pound has pulled back a bit during the trading session on Wednesday, reaching towards the trendline yet again. Ultimately, there is a lot of tension in the market as we await the Bank ...
The British pound broke above the significant 1.2750 level during the day on Monday, in a sign of strength. Having said that, I believe this is a function of the US dollar taken a break more than ...