GBPUSD Headed to 1.2780-1.28?

GBPUSD Headed to 1.2780-1.28?

The pair has fallen as suggested in the last analysis we did on it. We mentioned there was very stiff resistance in the 1.33 region but with the possibility that it wouldn’t reach that level as it was more likely to break below 1.2955, the July low, first, because of...
AUDUSD Falls After Hitting Strong Resistance

AUDUSD Falls After Hitting Strong Resistance

Aussie Falls As Predicted We suggested the strong possibility of AUDUSD facing a major hurdle around the 76.50 to 76.70 area. This area had a confluence of resistance, formed by the meeting point of the broken rising trendline and the shorter-term downtrend, as well...
GBPUSD Commentary 02/05/2018

GBPUSD Commentary 02/05/2018

As we had suggested yesterday, the GBPUSD is now finding some support. Any rally from here could be short-lived, however. The break of the strong 1.3730 support has switched the pair into a short-term bearish mode and subsequently, any rally may not hold. A move back...