Tag: GBPUSD

GBPUSD’s upside movement from 1.2695 extended to as high as 1.3034. Further rise is still possible after consolidation and next target would be at 1.3200 area. Support level is at 1.2850, only a breakdown below this level...

GBPUSD broke above the bearish trend line on the 4-hour chart, suggesting that consolidation for the downside movement from 1.3257 is underway. Range trading between 1.2695 and 1.2950 would likely be seen in the coming days. Resistance...

GBPUSD extended its downside movement from 1.3257 to as low as 1.2695. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD remains in the downtrend from 1.3257, the bounce from 1.2776 is likely consolidation for the downtrend. As long as the price is below the bearish trend line on the 4-hour chart, the downtrend could be expected...

GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257, the bounce from 1.2776 is likely consolidation of the downtrend. As long as the trend line resistance holds, the...

GBPUSD extended its downside movement from 1.3257 to as low as 1.2795. Further decline is still possible after a minor consolidation and next target would be at 1.2700 area. Key resistance is located at the bearish trend...

GBPUSD broke below 1.2921 support and extended its downside movement from 1.3257 to 1.2865 area. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to...

GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...

GBPUSD’s downside movement from 1.3257 extended to as low as 1.2956. Further decline to test 1.2921 support is possible, below this level would aim 1.2850 area. Resistance is at 1.3055, only a break of this level could...