Tag: GBPUSD

GBPUSD broke below 1.2604 support, suggesting that the downtrend from 1.3176 has resumed. Further decline could be expected and next target would be at 1.2550 area. Near term resistance is at 1.2640, a break of this level...

GBPUSD is facing 1.2604 support, a breakdown below this level could signal resumption of the downtrend from 1.3176, then further decline to 1.2500 area could be seen. Near term resistance is at 1.2670, a break of this...

GBPUSD moved sideways in a trading range between 1.2604 and 1.2747. As long as 1.2747 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3176, a breakdown below 1.2604 support could trigger...

GBPUSD is in consolidation for the downtrend from 1.3176. Range trading between 1.2604 and 1.2813 is possible over the next several days. As long as 1.2813 resistance holds, the downtrend could be expected to resume and further...

GBPUSD broke above the bearish trend line on the 4-hour chart, suggesting that consolidation for the downtrend from 1.3176 is underway. Range trading between 1.2604 and 1.2813 would likely be seen in the coming days. As long...

GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3176. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

GBPUSD’s downside movement from 1.3176 extended to as low as 1.2624. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target...

GBPUSD extended its downside movement from 1.3176 to as low as 1.2685. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...