Tag: GBPUSD

GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2505 had completed at 1.2783 already. Further decline could be expected over the next several days and next target would...

GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2505. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

GBPUSD is facing 1.2762 resistance. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue, a breakout of 1.2762 resistance could take the price...

GBPUSD remains in the uptrend from 1.2505, further rise could be expected after a minor consolidation and next target would be at 1.2762 resistance. Support is at 1.2660, only a breakdown below this level could bring the...

GBPUSD broke above 1.2605 resistance, suggesting that the downside movement from 1.2762 had completed at 1.2505 already. Further rally could be expected and next target would be at 1.2750 area. Support is at 1.2580, only break below...

GBPUSD’s downside movement from 1.2762 extended to as low as 1.2505. Range trading between 1.2505 and 1.2605 would likely be seen in a couple of days. As long as 1.2605 resistance holds, the downtrend could be expected...

GBPUSD extended its downside movement from 1.2762 to as low as 1.2511. Further decline is still possible after a minor consolidation and next target would be at 1.2400 area. Near term resistance is at 1.2545, a break...

GBPUSD broke below 1.2652 support and extended its downside movement from 1.2762 to as low as 1.2580. Further decline to test 1.2558 support could be expected, a breakdown below this level could take the price to 1.2500...