GBPUSD extended its upside movement from 1.2785 to as high as 1.3124. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2661. Near term support is at 1.2896, as long as this level holds, the upside movement could be expected to...
GBPUSD broke above 1.3043 resistance, suggesting that the upside movement from 1.2661 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3200 area. Near term support is at...
GBPUSD failed to break above 1.3043 resistance and stayed in a trading range between 1.2785 and 1.3043. Another fall towards 1.2785 support would likely be seen in the coming days. As long as this level holds, the...
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.2661 could be treated as consolidation for the downtrend. Range trading between 1.2661 and 1.3213 would likely be seen in a couple of weeks. Key resistance is...
GBPUSD is now in uptrend from 1.2785. Further rise to test 1.3043 resistance is possible, a break of this level could trigger further upside movement towards 1.3200. Near term support is at 1.2875, only a break below...
GBPUSD rebounded strongly from 1.2785, suggesting that the downside movement from 1.3043 had completed. Further rise to test 1.3043 resistance is possible in the coming days and a break of this level could trigger further upside movement...
GBPUSD extended its downside movement from 1.3043 to as low as 1.2810, facing the support level at 1.2798. A breakdown below this level could trigger further downside movement towards 1.2661 previous low. Near term resistance is at...
GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2661 had completed at 1.3043 already. Further decline would likely be seen and next target would be at 1.2700 area....
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3043 could be treated as consolidation for the uptrend from 1.2661 and...
