What’s up with the Pound? (Aug. 20, 2022)

After cutting the 1.20 support like butter, it is tough to show much optimism on GBP/USD as the pandemic crisis and the Brexit trading lows from 2020 and 2016 respectively are coming into play. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position […]

GBP’s reactive bid (Aug. 18, 2022)

GBP/USD found some love @ 1.20 and the August lows, as it will be another pair to watch for risk sentiment hints. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your risk management decisions that solely you are responsible for!

GBP/USD technicals Dec 22, 2014

GBP/USD is still trading inside the horizontal channel between 1,5550 and 1,58 of the last weeks. The downtrend of the second half of the year has stopped, but I guess that when the current consolidation phase is over, a downmove is the most likely scenario for the cable. GBP/USD, 5-hourly candlesticks: Chart courtesy of Investing.com. […]