GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the downtrend from 1.3174 and...
GBPUSD is in consolidation for the downtrend from 1.3174. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to resume and further decline towards 1.2400...
GBPUSD remains in the downtrend from 1.3174, the price action from 1.2475 is likely consolidation for the downtrend. As long as the prices are below the falling trend line on the 4-hour chart, the downside movement could...
GBPUSD broke below 1.2661 support and extended its downside movement from 1.3298 to as low as 1.2475. Further decline is still possible after a minor consolidation and next target would be at 1.2300 area. Resistance is at...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3174, as long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the...
GBPUSD’s bounce from 1.2475 extended to as high as 1.2671, breaking above 1.2640 resistance. Further rally is still possible and the target would be at the falling trend line on the 4-hour chart. As long as the...
GBPUSD extended its downside movement from 1.2927 to as low as 1.2479. Further decline is still possible and next target would be at 1.2400 area. Resistance is at 1.2640, only a break of this level could bring...
GBPUSD dropped sharply to as low as 1.2506. Further decline is still possible and next target would be at 1.2400 area. Near term resistance is at 1.2600, a break of this level could bring the price back...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3174. As long as the channel resistance holds,the downside movement could be expected to continue and next target would be...
GBPUSD is testing 1.2661 support, below this level would indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 could be seen. Near term resistance is at 1.2940, a break of this level...
