GBPUSD extended its downside movement from 1.3257 to as low as 1.3011. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at 1.3100, only a breakout of...
GBPUSD failed to break above 1.3298 resistance and stayed in a trading range between 1.2921 and 1.3298. As long as 1.2921 support holds, the price action in the trading range could be treated as consolidation for the...
GBPUSD broke below 1.3082 support and extended its downside movement from 1.3257 to as low as 1.3014. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at...
GBPUSD is facing 1.3082 support, a breakdown below this level could trigger further downside movement to 1.3050 area. Resistance is at 1.3150, only a breakout of this level could bring the price back to test 1.3257 resistance.
GBPUSD broke above 1.3190 resistance, suggesting that the uptrend from 1.2921 has resumed. Further rise to test 1.3257 resistance is possible, a breakout of this level could trigger further upside movement towards 1.3400 area. Key support is...
GBPUSD is now in the downtrend from 1.3257. Further decline is still possible and next target would be at 1.3020 area. Resistance is at 1.3190, a breakout of this level would indicate that the uptrend from 1.2921...
GBPUSD failed to breakout of 1.3298 resistance and pulled back from 1.3257, breaking below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2921 had completed. Deeper decline is still possible and...
GBPUSD is facing 1.3298 resistance, a breakout of this level could signal resumption of the uptrend from 1.2661, then next target would be at 1.3550 area. Key support is at 1.2921, only a breakdown below this level...
GBPUSD extended its upside movement from 1.2921 to as high as 1.3215. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is located at the bullish...
GBPUSD broke above 1.3132 resistance, suggesting that the upside movement from 1.2921 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3250 area. Near term support is at...