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Author Archives: GBP Editor

GBP/USD: Bullish And Bearish Scenarios

Bullish: a bounce will target the 1.3150 area based on its ATR. 2: Bearish: A breakout here would set up a nice move to the support/psychological number at 1.2900 area. The average daily true range (A…

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GBP/USD Skyrockets To 1.3050

During Tuesday’s trading session, the British Pound appreciated against the US Dollar by 143 pips or 1.11% to end the trading session at 1.3055. On Wednesday morning, the rate slumped to the 1.3030 ma…

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