GBP/USD is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of GBP/USD to test 1.2748 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding […]
The movement of GBP/USD towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 12 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
A movement of 3.62% over 18 days on GBP/USD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? […]
GBP/USD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 9 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 support line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
By: Dima Chernovolov GBP/USD continues to fall after the recent breakout of the daily Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 5-bar level – which is the result of the average Initial Trend (5 bar), strong Uniformity (7 bars) and lower Clarity (4 […]
The movement of GBP/USD towards the resistance line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
GBP/USD experienced a 2.02% bullish movement in the last 9 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 minute data intervals Short […]
Rising Wedge identified at 30-Apr-2019 06:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2926 within the next 5 hours. 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 […]
Channel Down identified at 25-Apr-2019 21:30 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2864 within the next 19 hours. 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 […]
