GBPUSD extended its downside movement from 1.2985 to as low as 1.2822. Further decline would likely be seen in a couple of days and next target would be at 1.2750 area. Near term resistance is at 1.2870,...
GBPUSD broke below the rising price channel on the 4-hour chart, and is now facing 1.2886 key support, a breakdown below this level would confirm that the upside movement from 1.2768 had completed at 1.2985 already, then...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2768. As long as the channel support holds, the upside movement could be expected to continue and next target would...
GBPUSD failed to break above 1.3012 resistance and pulled back from 1.2985, breaking below the rising trend line on the 4-hour chart. Deeper decline towards 1.2870 is possible, a breakdown below this level would confirm that the...
GBPUSD extended its upside movement from 1.2768 to as high as 1.2985. Further rise to test 1.3012 resistance is possible in the coming days, a break of this level could signal resumption of the uptrend from 1.1958...
GBPUSD broke above 1.2898 resistance. Further rally would likely be seen and next target would be at 1.2950, followed by 1.3000. Support is at 1.2810, a breakdown below this level could trigger another downside movement towards 1.2750.
GBPUSD moved sideways in a narrow range between 1.2768 and 1.3012. As long as 1.2768 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1958, further rise towards 1.3200 is still possible...
GBPUSD is facing 1.2898 resistance, a breakout of this level could trigger further upside movement to 1.2950 area. On the downside, as long as 1.2898 resistance holds, the price action from 1.2768 could be treated as consolidation...
GBPUSD moved sideways in a trading range between 1.2768 and 1.2898. As long as 1.2898 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3012, further decline to 1.2650 area is still...
GBPUSD remains in the downtrend from 1.3012, the bounce from 1.2768 is likely consolidation for the downtrend. As long as 1.2898 resistance holds, the downtrend could be expected to resume, and further decline to 1.2650 area is...
