On Wednesday morning the GBP/USD traded still near the 1.2800 level.
After plummeting 286 base points on Thursday, the GBP/USD was recovering.
The government of the United Kingdom is failing on Thursday.
After jumping to the 1.3040 mark the GBP/USD was plummeting by the middle of Wednesday's trading session.
During the last 24 hours GBP/USD has surged. It is expected that the rate will test resistance levels at 1.2920.
The GBP/USD has plummeted downwards faster than it was previously expected.
The GBP/USD is declining on Friday. Moreover, it has no technical support as low as the 1.2975 mark.
On Thursday, the Pound had retreated to levels below the 1.3100 mark by the middle of the London session.
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.