The surge of the GBP/USD has continued due to both technical and fundamental reasons.
The 55-hour simple moving average has been pushing the GBP/USD higher and higher each consecutive day.
The GBP/USD has started the week's trading with a gap upwards.
On Friday, GBP/USD traded above the 1.30 mark after the massive gains of Thursday.
On Thursday the long awaited surge of the GBP/USD occurred.
The GBP/USD reached and even passed the previously set target of 1.2710.
The decline of the Pound continues, as the 1.2710 level was targeted next.
A new low level has been reached by the GBP/USD.
The decline of the GBP/USD continues, as expected, gaining new low levels.
The decline of the GBP/USD continues, as expected, gaining new low levels.
The GBP/USD continues to book new low levels, as expected. On Wednesday, the currency exchange rate had touched the 1.2900 mark.
On Tuesday, the GBP/USD traded between the resistance of the previously passed support of a large scale channel up pattern and the support of the weekly S1 at the 1.2975 mark.
The GBP/USD has declined even more than expected.
The GBP/USD has declined even more than expected.
The GBP/USD is set to reach the 1.3040 mark.
Main action on the GBP/USD is on the daily chart.
After the UK Employment data release the GBP/USD traded near the 1.32 level.
Due to fundamental events during the weekend, the GBP/USD started Monday at 1.31.
By the middle of Friday's trading the GBP/USD had met resistance above 1.3250.
The GBP/USD has continued to surge, as expected.
As it was expected, the GBP/USD has surged. In addition
The GBP/USD had retreated down to 1.3050 on Tuesday.
The GBP/USD has gained more than it was expected.
The GBP/USD has reached above 1.30, as it expects US data.