Tag: GBP

GBPUSD regained negative bias at the start of February and has been losing ground ever since. After forming a top at 1.2706 a month...

It has been a wild ride for GBPUSD this week. The pair initially opened with a huge gap to the downside, following Theresa May’s...

It has been over two and a half months since our last post about GBPCAD, called “Not the Time to Join the Bears in...

GBPNZD almost reached 1.8000 a month ago, but the bulls ran out of fuel a fraction of a pip lower. Then the bears took...

We saw a lot of those so-called “fake breakouts” in GBPUSD during the last two weeks. On January 3rd, the pair fell to 1.2199,...

On December 15th GBPJPY climbed to 148.45 – the culmination of a rally, dating back to October 7th, when the pair fell to as low...

GBPUSD is back in bearish mode after it fell to as low as 1.2245 today. That is 530 pips below the high of 1.2774...

GBPJPY bulls must be very pleased with what November brought them. The pair has been steadily rising since the U.S. election, which caused a...

The Pound Sterling has been the biggest loser among all other major currencies in 2016, so it no surprise it has falling sharply against...

Our last post about EURGBP was published on August 23rd, while the pair was trading near 0.8600. There were two charts included in that...

EURGBP has been in a strong and steady uptrend since November 2015, when it finally managed to leave the area between 0.6930 and 0.7100....

GBPJPY topped at 195.87 in June, 2015. During the last one year, the pair lost over 67 figures, falling to as low as 128.76...

Do you remember, when GBPUSD reached 2.1159 in November 2007? Do you remember, when it fell to 1.3502 January 2009? Do you remember when it...

It has been a rough week for the GBPUSD. Just as it seemed the pair was going to approach the previous multi-month high at...

GBPJPY has been moving sideways between 151.65 and 164.10 for more than three months now, which has probably made trading this pair extremely difficult. Just...

In “Expanding Flat and How to Avoid Its Traps” we examined probably the most common type of flat correction the markets could offer. It...

GBPUSD climbed to 1.4770 at the start of last week, but quickly lost momentum, allowing the bears to take the wheel and sink the...

GBPUSD is taking a hit this week, falling from 1.4220 at the start to as low as 1.4005 on Wednesday. This performance is in...

What a surprising week this is for GBPUSD. Less than five trading days ago, on March 18th, the pair was flying above 1.4510 and...

GBPJPY bottomed at 154.70 on February 24th and managed to recover to 164.10, when the bears returned. The pair is currently trading slightly above...

It has been an interesting week in the FOREX market. The most violent price movements were in the Euro pairs, following ECB’s policy statement,...

ECB’s policy decision produced fireworks in EURGBP on Thursday. The pair initially fell to 0.7651, but then rose sharply to 0.7848. Trouble is, this...

Just as many other crosses, GBPJPY tends to make large movements in short periods of time. This week was no exception. The pair rose...

On December 9th we published “GBPJPY: What Is Next After The Target?” to show you two equally probable scenarios, which contradict one another. In...

Two days ago, on December 7th, we published “GBPJPY: Two Counts, One Direction” to prepare you “for a 220+ pip slump in GBPJPY”. While the...

GBPJPY bulls got discouraged near 188.80 on November 19th. The sell-off, which followed, led the pair to 184.32 just five days later. Since then the...

The Elliott Wave Principle is famous for its ability to help traders and investors identify price extremes and predict reversals. Two months ago, on...

According to the Elliott Wave Principle, every five-wave impulse is followed by a three-wave retracement in the opposite direction. Once the retracement is over,...

Both the euro and the sterling suffered from the strength of the dollar, but compared to one another, the European currency was the bigger...

GBPJPY began its impressive rally from around 117.00 in 2011-2012. The pair is now trading close to 192.00. Few were expecting such a performance...