GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.2975 had completed at 1.2768 already. Further rally would likely be seen and next target would be at 1.2960 area....
GBPUSD broke below 1.2788 support and extended its downside movement from 1.2975 to as low as 1.2768. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...
GBPUSD is facing 1.2745 support, a breakdown below this level would indicate that the upside movement from 1.1958 had completed at 1.3012 already, then deeper decline could be seen and the target would be at the bullish...
GBPUSD extended its downside movement from 1.2975 to as low as 1.2793. 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 stays below a falling trend line on the 4-hour chart and remains in the short term downtrend from 1.2975. As long as the trend line resistance holds, the downside movement could be expected to continue, further...
GBPUSD moved sideways in a trading range between 1.2788 and 1.3012. As long as 1.2788 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2195, further rise to 1.3100...
GBPUSD failed to break above 1.3012 resistance and pulled back from 1.2975, breaking below the rising trend line on the 4-hour chart. Further decline would likely be seen in the coming days and next target would be...
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2788. As long as the trend line support holds, the upside movement could be expected to continue and next target...
No changed in our view, GBPUSD remains in the uptrend from 1.1958, as long as 1.2745 support holds, the pullback from 1.3012 could be treated as consolidation for the uptrend, further rise to 1.3250 area is possible...
GBPUSD’s upside movement from 1.2788 extended to as high as 1.2975. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
