GBPUSD remains in the uptrend from 1.2921, the pullback from 1.3132 is likely correction for the uptrend. A break of 1.3132 resistance could trigger another rise towards 1.3250. Near term support is at 1.3025, only a breakdown...
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3298 had completed at 1.2921 already. Further rally could be expected and next target would be at 1.3250 area. Near...
GBPUSD remains in the uptrend from 1.2661, the pullback from 1.3298 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3500 area. Near term support is...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3298. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD continued its downside movement from 1.3298 and the fall extended to as low as 1.2940. Further decline is still possible and next target would be at 1.2800 area. Resistance is located at the falling trend line...
GBPUSD remains in the downtrend from 1.3298, the bounce from 1.3000 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2900 area. Near term resistance is...
GBPUSD extended its downside movement from 1.3298 to as low as 1.3000, breaking below 1.3054 support. Deeper decline is still possible in a couple of days and next target would be at 1.2900 area. Near term resistance...
GBPUSD broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 1.2661 had completed at 1.3298 already and correction for the uptrend is underway. Deeper decline is still...
GBPUSD is facing 1.3054 support, a breakdown below this level will confirm that the downtrend from 1.3298 has resumed, then further decline to 1.2900 area could be seen. Near term resistance is at 1.3130, only a break...
No changed in our view, GBPUSD remains in the downtrend from 1.3298, the bounce from 1.3054 is likely correction for the downtrend. Near term support is at the bottom of the price channel on the 4-hour chart....
