GBPUSD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2658 could be treated as consolidation of the downtrend from 1.3174, and further decline...
GBPUSD remains in the downtrend from 1.3174. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2500...
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...
GBPUSD extended its downside movement from 1.3174 to as low as 1.2698, facing the 1.2695 support, below this level could trigger further downside movement towards 1.2500. Resistance is located at the bearish trend line on the 4-hour...
GBPUSD is facing 1.2725 support, a breakdown below this level would indicate that the downside movement from 1.3174 has resumed, then further decline towards 1.2500 could be seen. Near term resistance is located at the falling trend...
GBPUSD is facing 1.2661 support, a breakdown below this level could signal resumption of the downtrend from 1.4376, then further decline towards 1.2300 could be seen. Near term resistance is at 1.2940, a break of this level...
GBPUSD failed to break above the bearish trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 1.3174. As long as the trend line resistance holds, the price action from 1.2723 could...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance would indicate that the downside movement from 1.3174 had completed at 1.2723 already, then further...
GBPUSD’s fall from 1.2927 extended to as low as 1.2725. Further decline to test 1.2695 support is possible in the coming days, below this level would aim 1.2500. Near term resistance is at 1.2780, only a break...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3174. As long as the price is below the trend line, the downside movement could be expected to continue and...
