GBPUSD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.2927, suggesting that the pair remains in the downtrend from 1.3174. Another fall to test 1.2695 support would likely be...
GBPUSD moved sideways in a trading range between 1.2661 and 1.3298. The sideways movement is likely consolidation for the downtrend from 1.4376, a breakdown below 1.2661 support could trigger further downside movement towards 1.2300. Near term resistance...
GBPUSD broke above 1.2883 resistance. Further rally towards the falling trend line on the 4-hour chart is possible, and a breakout of the trend line would indicate that the downside movement from 1.3174 had completed at 1.2723...
GBPUSD moved sideways in a trading range between 1.2723 and 1.2883. The sideways movement is likely consolidation for the downtrend from 1.3174. A breakdown below 1.2723 support would indicate that the downtrend has resumed, then next target...
GBPUSD remains in the downtrend from 1.3174. Another fall to test 1.2695 support would likely be seen after consolidation. Near term resistance is at 1.2883, above this level could bring the price back towards the bearish trend...
GBPUSD stays below a bearish 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 1.2723 could be treated as consolidation for the...
GBPUSD failed to break below 1.2695 support and rebounded from 1.2723. However another fall to test 1.2695 is still possible and a breakdown could trigger further downside movement towards 1.2550 area. Resistance is at 1.2950, only a...
GBPUSD is facing 1.2695 support, a breakdown below this level could indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 area could be seen. Near term resistance is at 1.2900, a break...
GBPUSD broke below 1.2826 support and extended its downside movement from 1.3174 to as low as 1.2723. Further decline to test 1.2695 support is possible in a couple of days. Resistance is at 1.2880, only a breakout...
GBPUSD extended its upside movement from 1.2826 to as high as 1.3071. Further rise is still possible and next target would be at 1.3174 resistance. Support is at 1.2880, only a breakdown below this level could trigger...
