GBP/USD Forecast: Pound Attempts to Bounce
The GBP/USD has attempted to bounce during the trading session on Tuesday as the selling pressure seems to be letting up a […]
British Pound Continues to Drift Lower
Expect a lot of choppy and nonsensical movement over the next several days. The GBP/USD currency pair broke down quite a bit […]
British Pound Shows Signs of Weakness
The downward pressure should continue, thereby pushing much lower over the next several months, perhaps to the end year. The GBP/USD currency […]
British Pound Continues to Look Lost
This market will continue to be very noisy in general, but it looks to me like it is still in a relatively […]
GBP/USD Forecast: British Pound Showing Volatility
From a longer-term perspective, you can make the argument that we have a situation where we have been very noisy and have […]
Pound Breaks Above 50-Day EMA
I’m looking for an opportunity to fade this short-term bounce. The GBP/USD currency pair rallied a bit Monday to break above the […]
British Pound Ends Week Indecisively
Ultimately, fading signs of exhaustion will be what I am looking to do. The GBP/USD currency pair has been all over the […]
Pound Pulls Back As Recession Looms
Ultimately, this is a market that I think is binary at this moment in time, meaning that you are either buying or […]
GBP/USD Forecast: British Pound Looks Threatened
This is a very noisy market like many others, but it does most certainly favor the US dollar. The British pound broke […]
British Pound Attempts to Recover
The US dollar will probably continue to strengthen. The British pound initially slid against the US dollar Friday but has recovered quite […]
The British Pound Has a Massive Reversal
At this point, it’s more likely than not going to be a situation where you are waiting for signs of exhaustion that […]
GBP/USD Forecast: British Pound Reaches Lower
I do believe that ultimately we will have a situation that allows for bigger moves to the downside than up, so pay […]