GBPUSD is facing 1.2014 support, a breakdown below this level could trigger further downside movement towards 1.1900 area. Near term resistance is at 1.2090, above this level could bring the price back towards the falling trend line...
GBPUSD’s downside movement from 1.2309 extended to as low as 1.2136. 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 target...
GBPUSD failed to break above the top of the price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be...
GBPUSD is now in the downtrend from 1.2309, further decline would likely be seen in a couple of days and next target would be at 1.2060, followed by 1.2000. Resistance is at 1.2250, above this level could...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.2014 had completed at 1.2309 already. Deeper decline could be expected in the coming days and next target would...
GBPUSD extended its upside movement from 1.2014 to as high as 1.2309. 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...
GBPUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2014 had completed at 1.2293 already. Further decline would likely be seen and next target would be at 1.2060 area....
GBPUSD extended its upside movement from 1.2014 to as high as 1.2293. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD broke above 1.2249 resistance, suggesting that the downside movement from 1.2578 had completed at 1.2014 already. Further rally would likely be seen in a couple of days and next target would be at 1.2350 area. Near...
