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Technical & Fundamental analysis for British pound against the U.S dollar.

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GBPUSD targets the 1.5750 levels !

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With a strong rally pushing the pair higher for a third consecutive day, further gains are expected in the upcoming days towards the 1.5750...
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GBPUSD losses the upside momentum ahead of BoE Inflation Report !

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If you back to my weekly forecast, I've said the pair needs to break above the 1.5355 levels, note that the pair was rejected...
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GBPUSD – Monthly Forecast Aug 2013

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As shown on the monthly chart below, buyers failed to bottom 3 times in the past, once at 1.5271 (Oct 2011 low), the second...
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GBPUSD – Weekly Forecast 05-09 Aug 2013

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The GBPUSD maintained a bullish momentum last Friday, topped at  1.5307 levels, now pressure will be on the key resistance 1.5307, the GBPUSD will...

Market Updates 02 Aug 2013

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EURUSD : As long as the daily close is above 1.3165, the pair is very bullish , strong and sudden rise is suggested, below...
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GBPUSD – Intraday Strategy (31 Jul 2013)

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Recommendations: SHORT positions below 1.5250  with 1.5195 & 1.5150 as next targets. Alternative scenario: The upside breakout of 1.5250 will call for a rebound to 1.5295/355 Description:...
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GBPUSD – Daily Forecast 30 Jul 2013

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The GBPUSD maintained a bearish momentum yesterday. Topped at 1.5412 and bottomed at 1.5327 levels. As a result, the pressure will turn to the...

Market Overview 30 Jul 2013

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EURUSD is bullish. So as long as 1.3175/1.3255 holds on a daily closing basis. Next resistance is around 1.3400 levels, losing 1.3175 on a...
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GBPUSD – Intraday Strategy (29 Jul 2013)

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Recommendations: LONG positions above 1.5355  with 1.5400 & 1.5440 as next targets. Alternative scenario: The downside breakout of 1.5355 will call for a slide to 1.5300/260. Description:...
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GBPUSD – Weekly Forecast 29 Jul – 02 Aug 2013

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The GBPUSD rose as suggested last week. Topped at 1.5434 levels. So...on the daily chart. The pair has lost some of the upside momenta...