British Pound Hit Hard Wednesday
Pay attention to the US bond market, as the rate differential between the United States and the United Kingdom will continue to […]
British Pound Continues to Grind to Upside
Yes, it’s been a nice rally as of late, but the reality is that it is but a blip on the radar […]
British Pound Struggles to Break Out
In general, this is a market that is going to be very noisy, and we are most certainly at a major level. […]
British Pound Pulls Back from 1.26 Level
We are in a downtrend, and that has not changed despite the balance. The British pound pulled back a bit on Tuesday […]
Pound Continues to Grapple with Resistance
I believe that fading short-term rallies will be the best way to trade this market as there are far too many fundamental […]
British Pound Pulls Back from Major Level
As long as we continue to be “risk-off” when it comes to market sentiment, the US dollar will attract inflows. The British […]
The British Pound Continues to Fall Apart
If we do break down below the 1.20 handle, it will almost certainly bring in a new wave of extreme bearishness and […]
GBP/USD Technical Analysis: Pound Looking for Strength
The British pound is on track to record a third consecutive monthly decline against the euro and the fourth consecutive monthly decline […]
GBP/USD Forecast: Pound Continues the Downtrend
This is a market that continues to be “fade the rallies”, as this has been such a major downtrend for so long. […]
Pound Set to Retest the 1.300 Support
The pair will likely resume the bearish trend as sellers target the horizontal line shown in purple at 1.300. Bearish View Sell […]
Pound Bounces From a Familiar Area
The size of the candlestick is bullish as well, but short-term at best. The British pound rallied during the trading session on […]
Pound Gives Back Previous Gains
Looking at this chart, we are obviously in a downtrend, so I obviously prefer selling. The British pound had a very bullish […]