GBP/USD up to 1.3190
Triangle has broken through the resistance line at 25-Sep-2018 04:00 EDT. Possible bullish price movement forecast for the next 13 hours towards 1.3190.
Triangle has broken through the resistance line at 25-Sep-2018 04:00 EDT. Possible bullish price movement forecast for the next 13 hours towards 1.3190.
Channel Up identified at 21-Sep-2018 04:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3095 within the next 3 days.
GBP/USD experienced a 1.94% bullish movement in the last 7 days.
Rising Wedge identified at 18-Sep-2018 04:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3066 within the next 2 days.
Rising Wedge identified at 16-Sep-2018 22:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3144 within the next 2 days.
Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend up later today. Based on these past events there is a 66.7% of this.
Based on the last 12 Existing Home Sales events in United States, we expect GBPUSD to trend down later today. Based on these past events there is a 71.4 of this.
Based on the last 12 Existing Home Sales (US) events, there is a 71.4% chance that GBPUSD will trend down for 2 hours after the event release later today if Existing Home Sales < 5.4M