Tag: GBPUSD

GBPUSD is facing 1.3070 support, a breakdown below this level could take the price to next support level at 1.2957. On the upside, as long as 1.3070 support holds, the fall from 1.3213 could be treated as...

GBPUSD pulled back from 1.3213 after touching the falling trend line on the 4-hour chart, suggesting that lengthier consolidation for the upside movement from 1.2957 is needed. As long as 1.3070 support holds, the upside movement could...

GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3362 had completed at 1.2957 already. Further rally would likely be seen and next target would be at 1.3292 resistance,...

GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A break out of the trend line resistance could trigger further upside move towards 1.3292 resistance. Support is at 1.3065, a breakdown below...

GBPUSD’s bounce from 1.2957 extended to as high as 1.3158. Further rise towards the falling trend line on the 4-hour chart is possible. As long as the trend line resistance holds, the bounce could be treated as...

GBPUSD broke above 1.3085 resistance. Further rally towards the falling trend line on the 4-hour chart is possible. A breakout of the trend line resistance would confirm that the downside movement from 1.3362 had completed at 1.2957...

GBPUSD’s downside movement from 1.3362 extended to as low as 1.2957. Further decline is still possible after a minor consolidation and next target would be at 1.2900 area. Resistance is at 1.3085, a break of this level...

GBPUSD extended its downside movement from 1.3362 to as low as 1.3009, breaking below 1.3049 support. Deeper decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at 1.3140,...