Home / Author Archives: GBP Editor

Author Archives: GBP Editor

GBP/USD In Crucial Uptrend, UK CPI Release Next

The British Pound made a solid upside move recently and traded above 1.3750 against the US Dollar. A break above a major bearish trend line with resistance at 1.3550 on the 4-hours chart of GBP/USD initiated a crucial uptrend. The ...

Read More »

GBP/USD: the upward impulse will remain

The British pound, as well as other majors, tends to rise against the US dollar. At the end of the past and the beginning of the current trading week, the pair reached a number of key resistance levels and tested ...

Read More »

GBP/USD rises above 1.38, UK CPI awaited

USD weakness pushes the pair higher on Monday. Trading action quiets down in the NA session. UK CPI-data likely to be the next significant catalyst. After closing the previous week at its highest level since the sharp drop witnessed in ...

Read More »