There is a bearish rectangle determined and the price needs a more steady move as a verification of a breakdown.
A bearish rectangle identifies that the price to go short when price breaks out.
It is not ruled out that a bearish run to 1.245 will be made as weakness continues.
GBP/USD: Falling Wedge
GBP/USD,
1 hour
LONG
46 hours ago
There is a falling wedge poping up, GBP/USD demands an active move as proof of a breakout.
When price breaks out to the the upside, the move could spot the more likely potential of rising prices.
GBP/USD could attempt a move towards 1.222 on a breakout of the falling wedge.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
2 days ago
It seems like a descending channel happens, GBP/USD wants a further bigger bullish impulse as proof of a breakout.
A descending channel describes a useful price action pattern that is angled down that often indicates that the price to go up if price breaks out to the the upside.
GBP/USD violates bearish trendline towards 1.222 on a breakout of the descending channel.
GBP/USD: Bearish Rectangle
GBP/USD,
1 hour
SHORT
Apr 12
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Sep 20
There is a bearish flag revealed, the price is breaking out.
A bearish flag can be thought of as a technical bearish price action pattern with an upward bias that predicts a bearish price move in case if price breaks out.
A bearish move towards 1.237 is on the cards.
GBP/USD: Ascending Triangle
GBP/USD,
4 hours
LONG
30 hours ago
There is an ascending triangle taking place, the price is about to break out soon.
An ascending triangle typically results in a further move up when price breaks above resistance.
GBP/USD to extend its advance towards 1.235 once above 1.231.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Dec 12
There is a falling wedge noticed and GBP/USD needs a next move as an information of a breakout.
A falling wedge results in a countertrend succeeding the current trend once price breaks out.
GBP/USD to strengthen to 1.26.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Feb 23
There is a descending channel noticed and the price is close to breaking out now.
A descending channel provides a specific pattern that is angled down that can be used to spot a breakout higher if price breaks out to the the upside.
GBP/USD to recover bullish potential towards the 1.27 zone once above 1.264 as GBP/USD becomes bullish.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Mar 27
GBP/USD gives a bearish flag, GBP/USD wants more push down as an information of a breakdown.
A bearish flag represents a specific bearish signal that can be used to signal a further move down in case if price breaks out to the the downside.
GBP/USD to slump towards the 1.2615 zone on a break below 1.2618.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Dec 18
There is an ascending channel distinguished, the price calls for a steady bearish continuation for the certainty of breakdown.
An ascending channel is considered to be a specific chart signal that can be used to indicate a bearish price move once price breaks below support.
It is possible that extra downside towards 1.269 will be made while lower than 1.2696 as GBP/USD becomes weak.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Aug 1
There is an ascending channel materializing and GBP/USD calls for a bigger move for the certainty of breakout.
In case if price breakdown occurs, the move could indicate a bearish price action.
It is possible that a bearish push down to 1.283 will take place.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Mar 22
There is an ascending channel arising.
An ascending channel often results in a bearish price action once price breaks down.
GBP/USD challenges a move to 1.26 on a breakout of the ascending channel.
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GBP/USD