GBPUSD extended its downside movement from 1.3381 to as low as 1.2381, breaking below 1.2396 support. Further decline could be expected in a couple of weeks and next target would be at 1.2200 area. Resistance is at...
GBPUSD is facing 1.2578 resistance, a break of this level would confirm that the downside movement from 1.2783 had completed at 1.2381 already, then further rise to 1.2650 area could be seen. Near term support is at...
GBPUSD remains in the downtrend from 1.2578, the bounce from 1.2381 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below 1.2381 support could take the price to 1.2300 area....
GBPUSD broke below 1.2439 support, suggesting that the downside movement from 1.2783 has resumed. Further decline could be expected over the next several days and next target would be at 1.2350 area. Near term resistance is at...
GBPUSD remains in the uptrend from 1.2439, the pullback from 1.2578 is likely corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.2700 area. Near term support...
GBPUSD’s upside movement from 1.2439 extended to as high as 1.2578. Further rise could be expected in the coming days and next target would be at 1.2700 area. Near term support is at 1.2500, only break below...
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 the resistance of the price channel on the 4-hour chart. However, the bounce from 1.2439 is likely corrective consolidation for the downtrend from 1.2783, another fall towards 1.2400 is still possible after the consolidation....
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2783. As long as the channel resistance hods, the bounce from 1.2439 could be treated as consolidation for the downtrend,...
GBPUSD extended its downside movement from 1.2783 to as low as 1.2439. 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...
