GBP/USD falling inside the 30-minute Falling Wedge chart pattern, which was recently identified by Autochartist. The chart pattern indicates possible bearish price movement toward the target level 1.2236. The following are the optimal entry and stop-loss levels calculated by Autochartist: entry at 1.2293 with the protective stop-loss at 1.2312. As can be seen from the […]
GBP/USD recently broke the hourly Down Channel chart pattern, which was previously identified by Autochartist. The chart pattern indicates possible bullish price movement toward the target level 1.2148. The following are the optimal entry and stop-loss levels calculated by Autochartist: entry at 1.2105 with the protective stop-loss at 1.2070. As can be seen from the […]
GBP/USD rising inside the 30-minute Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the low Initial Trend (2 bars), strong Uniformity (4 bars) and near-maximum Clarity (9 bars). GBP/USD is expected to rise further inside […]
GBP/USD continues to rise to the key resistance level 1.2177, which was recently identified by Autochartist. Autochartist rates the significance of this resistance level at the 4-bar level – which is the result of the 4 previous reversals from this price level. GBP/USD is expected to rise toward the key resistance level 1.2177. As can […]
GBP/USD continues to fall inside the 15-minute Down Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the medium Initial Trend and Uniformity (5 bars). GBP/CAD is expected to fall further inside this Down Channel. As can […]
GBP/USD continues to rise toward the 30-minute key resistance level 1.2810, which was recently identified by Autochartist. Autochartist rates the significance of this resistance level at the 5 bar level – which is the result of the 5 earlier reversals from this price level. GBP/USD is expected to rise further toward the key resistance level […]
GBP/USD continues to rise inside the 15-minute Up Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the medium Initial Trend (5 bars), significant Uniformity (7 bars) and strong Clarity (9 bars). GBP/USD is expected to rise […]
GBP/USD continues to fall inside the daily Up Channel chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the strong Initial Trend and Uniformity (8 bars) and significant (7 bars). GBP/USD is expected to fall further inside this […]
GBP/USD continues to rise inside the 15-minute Rising Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the slow Initial Trend (4 bars), strong Uniformity (9 bars) and significant Clarity (7 bars). Rising Wedge is expected to […]
GBP/USD recently broke the key resistance level 1.2452, which was recently identified by Autochartist. Autochartist rates the significance of this resistance level at the 5-bar level – which is the result of the five previous reversals from this price level. GBP/USD is expected to continue to rise toward the forecast price 1.2582. As can be […]
