Tag: GBPUSD

GBPUSD is facing the resistance of the upper trend line of the triangle pattern on the 4-hour chart, a break of this trend line resistance could take the price to 1.3400 area. Key support is at 1.2960,...

GBPUSD stays in a triangle pattern on the 4-hour chart. As long as 1.2960 support holds, the price action in the triangle could be treated as consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout...

GBPUSD formed a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout of the upper border of the pattern could take the price to...

GBPUSD is forming a triangle pattern on the 4-hour chart. Another rise towards the upper border of the pattern would likely be seen in the coming days. Resistance is at the falling trend line, a breakout of...

GBPUSD failed to break below 1.2960 support and rebounded from 1.2986. Further rally would likely be seen in a couple of days and next target would be at 1.3196 resistance, above this level could trigger further upside...

GBPUSD is facing 1.2960 support once again, a breakdown below this level could trigger further downside movement towards 1.2850 area. Resistance is at 1.3196, above this level could take the price to 1.3300 area.

GBPUSD pulled back to 1.3059. Deeper decline to retest 1.2960 support would likely be seen, a breakdown below this level could take the price to 1.2850 area. Resistance is at 1.3196, above this level could trigger further...

GBPUSD broke above 1.3149 resistance, suggesting that lengthier sideways movement in a trading range between 1.2960 and 1.3381 is underway. Another rise towards 1.3300 could be expected in the coming days. Near term support is at 1.3100,...