GBPUSD’s downside movement from 1.3132 extended to as low as 1.2865. Further decline is still possible after a minor consolidation and next target would be at 1.2800 area. Resistance is located at the bearish trend line on...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3132. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD’s downside movement from 1.3132 extended to as low as 1.2921. 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 stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3381. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2978, facing 1.2960 key support, a breakdown below this level could trigger further downside movement towards 1.2800. Resistance is located at the bearish trend line on...
GBPUSD remains in the uptrend from 1.2396, as long as 1.2960 support holds, the pullback from 1.3381 could be treated as consolidation for the uptrend. Key resistance is at 1.3132, a break of this level could trigger...
GBPUSD is facing 1.2960 support once again. A breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3030, a break of this level could take the price back to 1.3080...
GBPUSD formed a triangle pattern on the 4-hour chart. Resistance is at the upper border of the pattern, a breakout could trigger another bullish movement towards 1.3400. Key support is at 1.2960, a breakdown below this level...
GBPUSD failed to breakout of the upper trend line of the triangle pattern on the 4-hour chart and pulled back from 1.3132. Another fall to test 1.2960 key support would likely be seen in the coming days,...
GBPUSD is testing that the resistance of the upper trend line of the triangle pattern on the 4-hour chart. A breakout of the this trend line could trigger further upside movement to 1.3400 area. Key support is...
