A rising wedge is detected, the price breaks out now.
A rising wedge denotes a useful signal that is used to signal a bearish move in case if price collapses through the support line.
A bearish continuation towards the 1.268 mark looks possible as door open for the continuation of the downtrend.
GBP/USD: Absteigender Kanal
GBP/USD,
4 Stunden
LONG
Mär 3
A descending channel arises and the price is ready to break out.
A descending channel typically indicates a sharp rise once price breaks out.
A bullish run to 1.27 is not ruled out once above 1.269 as downside pressure alleviates.
GBP/USD: Absteigender Kanal
GBP/USD,
1 Stunde
LONG
Dez 13
A descending channel has been exposed and GBP/USD demands a bigger move to confirm descending channel breakout.
A descending channel denotes a technical indicator that is used to identify a temporary interruption during a falling market when price breaks above resistance.
GBP/USD to move upward towards the 1.258 level on impulse above 1.256.
GBP/USD: Fallender Keil
GBP/USD,
1 Stunde
LONG
vor 2 Tagen
There is a falling wedge observed.
A falling wedge spots a breakout higher once price breaks through the resistance.
It is likely that a bullish push up towards 1.322 will be made.
GBP/USD: Bärische Flagge
GBP/USD,
4 Stunden
SHORT
Jan 11
GBP/USD sets up a bearish flag.
A bearish flag suggests a useful bearish pattern that typically identifies extending an downtrend if price breaks through the support.
GBP/USD could extend its slump to the 1.265 zone.
GBP/USD: Absteigender Kanal
GBP/USD,
1 Stunde
LONG
Okt 21
We can see that a descending channel is recognized, gbpusd calls for a further bullish impulse as a verification of a breakout.
A descending channel identifies a reliable indicator that often results in that the price to go long if price breaks out.
A further bullish continuation towards the 1.34 zone looks probable.
GBP/USD: Rechteck
GBP/USD,
4 Stunden
LONG
Mär 5
There is a rectangle noticed and GBP/USD expects a further active move as evidence of a breakout.
A rectangle is considered to be a useful price formation that is used to predict a next move up when price breaks out to the the upside.
It is possible that a further bullish run to the 1.272 zone will form.
GBP/USD: Absteigender Kanal
GBP/USD,
4 Stunden
LONG
Aug 9
There is a descending channel noticed and the price expects a more steady bullish move as a clue of a breakout.
A descending channel is considered to be a specific formation that is angled down that can be used to signal a trend change to the upside when price breaks out.
There is a probability of a bullish run towards 1.28.
GBP/USD: Steigender Keil
GBP/USD,
4 Stunden
SHORT
Jul 2
A rising wedge has been determined and GBP/USD requests a further steady move as a verification of a breakout.
When price breakdown occurs, the move could predict a break in the price direction.
GBP/USD opens door for a move towards the 1.37 mark on a downside break.
GBP/USD: Fallender Keil
GBP/USD,
1 Stunde
LONG
vor 6 Tagen
We can see that a falling wedge materializes.
In case if price breaks through the resistance, the move could indicate a sharp rise.
There is a probability of a bullish push up towards 1.324.
GBP/USD: Rechteck
GBP/USD,
1 Stunde
LONG
Apr 10
There is a rectangle distinguished, the price demands a move as a signal of a breakout.
When price breaks above resistance, the move could signal a further move up.
It is likely that a further bullish push up towards 1.288 will be made as GBP/USD nears 1.286 hurdle.
GBP/USD: Absteigender Kanal
GBP/USD,
4 Stunden
LONG
Okt 15
It seems like a descending channel is very close to being completed.
When price breaks out, the move could predict extending an uptrend.
Gbpusd to have better chances of advancing towards 1.34 on a breakout of the descending channel.
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