GBPUSD’s upside movement from 1.3049 extended to as high as 1.3274. Further rise to test 1.3314 resistance is still possible in the coming days. Support is at 1.3165, only a breakdown below this level could bring the...
GBPUSD extended its upside movement from 1.3049 to as high as 1.3249, breaking above 1.3213 resistance. Further rise is still possible in a couple of days and next target would be at 1.3314 resistance. Support level is...
GBPUSD is facing 1.3213 resistance. A breakout of this level could trigger further upside movement to test 1.3314 resistance. Support is at 1.3049, a breakdown below this level could signal resumption of the downtrend from 1.3472, then...
GBPUSD remains in the downtrend from 1.3472, the bounce from 1.3049 is likely consolidation for the downtrend. A breakdown below 1.3049 support could trigger another downside movement towards 1.2900. Near term resistance is at 1.3213, a breakout...
GBPUSD moved sideways in trading range between 1.3049 and 1.3314. As long as 1.3314 resistance holds, the downside movement from 1.3472 could be expected to continue and a breakdown below 1.3049 support could take the price towards...
GBPUSD’s downside movement from 1.4376 extended to as low as 1.3049. Near term resistance is at the top trend line of the price channel on the daily chart. As long as the channel resistance holds, the downside...
GBPUSD broke below 1.3101 support, suggesting that the downtrend from 1.3472 has resumed. Further decline could be expected in the coming days and next target would be at 1.2900 area. Resistance is at 1.3200, as long as...
GBPUSD extended its downside movement from 1.3314 to as low as 1.3105, facing the support of 1.3101. A breakdown below this level could signal resumption of the downtrend from 1.3472, then next target would be at 1.3000...
GBPUSD broke below 1.3200 support, suggesting that the bounce from 1.3101 had completed at 1.3314 already. Deeper decline to test 1.3101 support could be expected in the coming days, and a breakdown below this level could trigger...
GBPUSD is now in uptrend from 1.3101, the pullback from 1.3314 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Support is at 1.3200,...
