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.
By the middle of Thursday GBP/USD had booked a new low level.
On Wednesday, the GBP/USD was trading near the 1.3010 mark, from which it might surge up to 1.3040 or fall down to 1.2950.
The target that was set on last Thursday, was passed on Tuesday.
The GBP/USD has passed the support of a dominant pattern near the 1.3120 level.
The large scale situation has not changed due to the US rate hike.
The GBP/USD has shown a new large scale ascending pattern.
The GBP/USD has continued to attempt to pass various resistance levels in the aftermath of the fundamental fall that occurred on Friday.
As the EU declined UK's Brexit offers, the GBP/USD dropped like a rock.
The GBP/USD currency exchange rate had reached the targeted resistance of 1.3290 earlier than initially forecast.
On Thursday morning the release of the UK Retail Sales disapointed.