Tag: GBPUSD

GBPUSD extended its downside movement from 1.2647 to as low as 1.2246. Further decline is still possible after a minor consolidation and next target would be at 1.2164 support. Near term resistance is at 1.2335, a break...

GBPUSD moved sideways in a trading range between 1.2406 and 1.2522. As long as 1.2522 resistance holds, the downside movement from 1.2647 could be expected to resume and further decline to 1.2300 area is possible. However, a...

GBPUSD remains in the downtrend from 1.2647, further decline would likely be seen in a couple of days and next target would be at 1.2300 area. Near term resistance is at 1.2575, only break above this level...

GBPUSD’s downside movement from 1.2647 extended to as low as 1.2407. Further decline could be expected in the coming days and next target would be at 1.2300 area. Near term resistance is at 1.2575, only break above...

GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2164 had completed at 1.2647 already. Further decline would likely be seen in the coming days and next target would...

GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2164. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

GBPUSD extended its upside movement from 1.2164 to as high as 1.2558, breaking above 1.2485 resistance. Further rise would likely be seen and next target would be at 1.2700 area. Near term support is at 1.2425, a...

GBPUSD is facing 1.2485 resistance, a break of this level could trigger further upside movement towards 1.2800 area. Near term support is at 1.2355, a breakdown below this level could bring the price back towards 1.2100.