Tag: GBPUSD

GBPUSD broke above the falling price channel on the 4-hour chart. Further rally would likely be seen in a couple days and next target would be at 1.3050 area. Near term support is at 1.2895, a breakdown...

GBPUSD extended its upside movement from 1.2725 to as high as 1.2874. Further rise would likely be seen and the target would be at the top of the falling price channel on the 4-hour chart. On the...

GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3017 had completed at 1.2725 already. Further rally would likely be seen and next target would be at 1.2900 area....

GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3017. As long as the trend line resistance holds, the bounce from 1.2725 could be treated as consolidation for the...

GBPUSD extended its downside movement from 1.3017 to as low as 1.2725. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD is facing 1.2848 support, a breakdown below this level would confirm that the downtrend from 1.3209 has resumed, then next target would be at 1.2750 area. Near term resistance is at 1.2950, only break above this...

GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the downtrend from 1.3209 has resumed. Further decline could be expected and next target would be at 1.2850, followed by 1.2800....

GBPUSD extended its upside movement from 1.2848 to as high as 1.3017. Further rise could be expected and next target would be at 1.3100. Support is at the rising trend line on the 4-hour chart, a breakdown...