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STEIGENDER KEIL
GBP/USD
1H
There is a rising wedge revealed.
A rising wedge tends to be a useful chart formation that often predicts a bearish price move when price collapses through the support line.
Gbpusd risks extra downside to 1.349 on a breach of 1.3495.
WIMPEL
GBP/USD
4H
It seems like a pennant has been detected and gbpusd wants a bigger impulse down as a signal of a breakout.
A pennant is a specific bearish chart indicator that typically indicates a sharp decline when price breaks through the support.
A bearish continuation to the 1.348 zone is not ruled out as minor hurdle remains at 1.3505.
ABSTEIGENDER KANAL
GBP/USD
1H
It seems like a descending channel has been spotted, the price breaks out soon.
Once price breaks through the resistance, the resulting move could indicate a sharp rise.
There is a probability of a rangebound towards the 1.353 zone.
ABSTEIGENDER KANAL
GBP/USD
1H
There is a descending channel turning up and the price expects a next steady impulse up as an information of a breakout.
A descending channel is said to depict a useful bullish price action formation that is angled down that identifies a bullish price action once price breaks out to the the upside.
Gbpusd looks ready to further extend its gains to the 1.352 zone on a upside break as bulls seeking a new high.
BULLISCHE FLAGGE
GBP/USD
4H
A bullish flag has been observed, the price requires a more strong move to confirm a breakout.
A bullish flag depicts a useful chart signal that often signals that the price to go long when price breaks above resistance.
Gbpusd turns higher towards the 1.354 zone once beyond 1.352 as minor hurdle remains at 1.352.
BULLISCHE FLAGGE
GBP/USD
1H
It looks like a bullish flag has been diagnosed, the price is close to breaking out.
A bullish flag represents a bullish price signal that is used to identify a bullish move once price breaks through the resistance.
A further bullish push up towards 1.352 is likely as minor hurdle remains at 1.3515.
SYMMETRISCHES DREIECK
GBP/USD
1H
It looks like a symmetrical triangle is exposed, gbpusd lacks a further correction as an information of a breakdown.
A symmetrical triangle provides a bearish price action formation that is used to indicate prices are likely to keep falling downward if price breaks through the support.
There is a possibility of a bearish run towards 1.35 on a breach of 1.3504.
WIMPEL
GBP/USD
1H
A pennant is close to being done.
A pennant identifies a reliable bearish chart indicator that often results in that the price to go short when price breaks below support.
It is likely that a further move to 1.35 will happen as minor hurdle remains at 1.352.
AUFSTEIGENDES DREIECK
GBP/USD
4H
An ascending triangle is nearing completion, the price is ready to break out now.
An ascending triangle denotes a bearish price action signal that can be used to identify a sharp decline in case if price breakdown occurs.
There is a chance of a bearish move towards the 1.35 mark.
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