GBP/USD excessive bearish movement
GBP/USD experienced a 1.9% bearish movement in the last 9 days.
GBP/USD experienced a 1.9% bearish movement in the last 9 days.
Approaching Resistance level of 1.2183 identified at 20-Aug-2019 12:00 EDT
Channel Up identified at 19-Aug-2019 04:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2050 within the next 12 hours.
Triangle has broken through the resistance line at 15-Aug-2019 08:00 EDT. Possible bullish price movement forecast for the next 16 hours towards 1.2191.
Falling Wedge identified at 13-Aug-2019 16:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2014 within the next 2 days.
Descending Triangle has broken through the support line at 07-Aug-2019 05:30 EDT. Possible bearish price movement forecast for the next 10 hours towards 1.2119.
Falling Wedge identified at 05-Aug-2019 02:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2078 within the next 2 days.
Falling Wedge identified at 02-Aug-2019 07:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2078 within the next day.
GBP/USD experienced 5 consecutive bearish candles. Possible bullish price movement to follow.
GBP/USD experienced 4 consecutive bearish candles. Possible bullish price movement to follow.