GBPUSD stays in a falling price channel on its daily chart and remains in the downtrend from 1.4376. As long as the channel resistance holds, the bounce from 1.3204 could be treated as consolidation for the downtrend...
The 2018 forex market has been rather consistent for the most part. There have not been any major incidences in the global economy and this has been reflected in the major currency pairs in the market. The...
GBPUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 1.3617 had completed at 1.3204 already. Further rally would likely be seen and the target would...
GBPUSD stays in the falling price channel on its 4-hour chart and remains in the downtrend from 1.3617. As long as the channel resistance holds, the bounce from 1.3204 could be treated as consolidation for the downtrend...
GBPUSD extended its downside movement from 1.3617 to as low as 1.3204. Resistance is at the top trend line of the price channel on the 4-hour chart. As long as the channel resistance holds, the downside movement...
GBPUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.3617. As long as the price is in the channel, the downside movement could be expected to continue and next...
GBPUSD extended its downside movement from 1.3617 to as low as 1.3291. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the channel resistance holds, the...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3291. Further decline is still possible after a minor consolidation and next target would be at 1.3000 area. The key resistance is at 1.3617, only a...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3617. As long as the channel resistance holds, the bounce from 1.3304 could be treated as consolidation for the downtrend....
GBPUSD extended its downside movement from 1.3617 to as low as 1.3304. As long as the price is in the falling channel on the 4-hour chart, the downside movement could be expected to continue and next target...
