GBPUSD is in down trend. The rebound from 1.9736 is treated as consolidation to the down trend. Deeper decline to retest 1.9337 previous low support is still possible after consolidation, and a break below 1.9736 level will...
GBPUSD is forming a cycle bottom at 1.9736 on daily chart. Consolidation could be seen before breaking below 1.9736 level. Down trend will resume after consolidation, a break down of 1.9736 will signal the resumption of the...
GBPUSD’s down trend resumed and dropped sharply to as low as 1.9736 level. Further fall to retest 1.9337 previous low support is still possible. Near term resistance is now at 2.0090, as long as this resistance holds,...
GBPUSD breaks below the rising price channel support, and might be forming a cycle top at 2.0391 level on daily chart. Key support is at 1.9720, a break down of this support will confirm the cycle top...
GBPUSD’s up trend remains and the rise from 1.9361 extends to as high as 2.0391. As long as the rising price channel support holds, rise to 2.0500 to reach the next cycle top on daily chart is...
GBPUSD is moving to the next cycle top on daily chart, and the next cycle top is nearing. Near term support is at the up trend line from 1.9361 to 1.9720, and key support is at 1.9720,...
GBPUSD broke above 1.9971 resistance and reached as high as 2.0215. Further rise to 2.0400 area is still possible next week. However, the next cycle top is nearing, key support is now at 1.9720, a breakdown of...
GBPUSD might be forming a cycle top at 1.9971 on daily chart. Key support is at 1.9760, a break of this level will confirm the cycle top and signal the resumption of the down trend, pullback to...
GBPUSD breaks above 1.9957 previous high and reached as high as 1.9971. Further rise to 2.0050 area to reach the next cycle top on daily chart is still possible, and the next cycle top is nearing. Key...
GBPUSD breaks above 1.9737 and reaches as high as 1.9899 level. Further rise above 1.9957 previous high to reach the next cycle top on daily chart is still possible, and the next cycle top is nearing. However,...
