GBPUSD broke above 1.3108 resistance, suggesting that the upside movement from 1.2772 has resumed. Further rise could be expected and next target would be at 1.3250 area. Support is located at the bullish trend line on the...
GBPUSD remains in the uptrend from 1.2772, the pullback from 1.3108 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3200 area. Only a breakdown below...
GBPUSD’s fall from 1.3217 had completed at 1.2772 already. Another rise towards 1.3500 would likely be seen over the next several weeks. Near term support is at 1.2960, below this level could bring the price back towards...
GBPUSD moved sideways in a narrow range between 1.3010 and 1.3108. As long as 1.3010 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2772 and further rise to...
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2772. As long as the trend line support holds, the fall from 1.3108 could be treated as consolidation for the...
GBPUSD broke above 1.2996 resistance, suggesting that the downside movement from 1.3217 had completed at 1.2772 already. Further rally would likely be seen and next target would be at 1.3200 area. Near term support is at 1.3000,...
GBPUSD broke above the top trend line of the price channel on the 4-hour chart. Further rally towards 1.2996 resistance could be expected in the coming days, above this level could signal completion of the downtrend from...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2772 could be treated as consolidation for the downtrend from 1.3217, further decline...
GBPUSD’s downside movement from 1.3217 extended to as low as 1.2772. Further decline could be expected next week and next target would be at 1.2500 area. Near term resistance is at 1.2960, only a break of this...
GBPUSD extended its downside movement from 1.3217 to as low as 1.2772. Further decline could be expected in the coming days and next target would be at 1.2700 area. Near term resistance is at 1.2850, a break...
