GBPUSD continued its sideways movement in a trading range between 1.2077 and 1.2249. The sideways movement is likely consolidation for the downtrend from 1.2578, further decline to 1.2000 area is still possible after the consolidation. Key resistance...
GBPUSD moved sideways in a trading range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline towards 1.2000 area is still...
GBPUSD remains in the downtrend from 1.2578, the bounce from 1.2077 is likely consolidation for the downtrend. As long as 1.2249 resistance holds, the downtrend could be expected to continue and next target would be at 1.2000...
GBPUSD’s downside movement from 1.2578 extended to as low as 1.2100. As long as 1.2249 resistance holds, the downtrend could be expected to continue and next target would be at 1.2050 area, only break above 1.2249 resistance...
GBPUSD extended its downside movement from 1.2578 to as low as 1.2119. Further decline is still possible after a minor consolidation and next target would be at 1.2050 area. Resistance is at 1.2260, only break above this...
GBPUSD broke below 1.2381 support, suggesting that the downside movement from 1.2783 has resumed. Further decline could be expected in the coming days and next target would be at 1.2300 area. Resistance is at 1.2400, above this...
GBPUSD stays in a trading range between 1.2381 and 1.2578. As long as 1.2578 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2783, further decline towards 1.2300 area...
GBPUSD continued its sideways movement in a trading range between 1.2381 and 1.2578. Another fall to test 1.2380 support could be expected, a breakdown below this level could take the price to 1.2300 zone. Near term resistance...
GBPUSD moved sideways in a trading range between 1.2381 and 1.2578. As long as 1.2578 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2783, further decline towards 1.2300 is still possible....
GBPUSD failed to break above 1.2578 resistance and pulled back from 1.2558. However, another rise to retest this level is possible, a breakout could take the price to 1.2700 area. Near term support is at 1.2470, below...