GBP/USD – UPSIDE TARGETS FOR THE FALLING POUND

Having a look at GU, its been an interesting week. Since the last article that was on GBPUSD and it reaching into resistance, the pair has fallen an incredible 400+ pips. Today we going to be looking at why that happened, and where we heading next on the Pound.  Analyzing GBP/USD fundamentally, we believe thatContinue reading “GBP/USD – UPSIDE TARGETS FOR THE FALLING POUND”

USD/ZAR – Pullback Or Recovery On The Way?

Good day traders and welcome to another breakdown of USDZAR. Today, we’ll be taking a closer look at the fundamentals that coincide with the technicals that has been driving price downward.  On the weekly timeframe, there was an attempt at breaking the previous high of 19.33. A wick was left just short of that highContinue reading “USD/ZAR – Pullback Or Recovery On The Way?”

GBP/AUD – Major Sell Off On The Pound

Welcome back to another article from AspireFX. Today we are looking at the past movements on GBPAUD and where price could potentially head next. Starting on the weekly timeframe, we can see after a clear break of 1.95000 we had indecision printing a doji candle with properties of a bullish hammer. Since then we haveContinue reading “GBP/AUD – Major Sell Off On The Pound”