GBP/USD is heading towards the support line of a Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
GBP/USD is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 16 days and may test it again within […]
GBP/USD has moved higher by 4.29% from 1.229 to 1.282 in the last 10 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support Autochartist, you’ll get: Analysis as low as 15 […]
GBP/USD has moved higher by 2.52% from 1.229 to 1.26 in the last 7 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support Autochartist, you’ll get: Analysis as low as 15 […]
GBP/USD has broken through the resistance line of a Double Bottom technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 10 days and suggests a target line to be around […]
GBP/USD has broken through a resistance line of a Channel Down and suggests a possible movement to 1.2319 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a […]
GBP/USD is approaching the support line of a Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 20 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
GBP/USD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 18 hours. If it tests this line again, it should do so in the next 5 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
GBP/USD is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 5 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
The breakout of GBP/USD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of GBP/USD to test 1.2329 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any […]
