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GBP/USD

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GBP/USD: Ascending Triangle

GBP/USD, 1 hour    SHORT 8 hours ago
An ascending triangle is recognized, the price breaks out now. An ascending triangle often predicts prices are likely to keep falling downward once price breaks below support. GBP/USD challenges a move to 1.208.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT 13 hours ago
As we can see an ascending channel is nearing completion, the price is going to break out now. An ascending channel signals an extension in the downward direction in case if price collapses through the support line. GBP/USD could recede towards the 1.205 zone on a breach of 1.21.

GBP/USD: Rectangle

GBP/USD, 4 hours    SHORT 6 days ago
As we can see a rectangle has been exposed, the price needs strong push down as proof of a breakout. A rectangle is a reliable signal that is used to spot a move down if price breaks through the support. It is not ruled out that extra downside towards the 1.215 level will happen on a breakout of the rectangle.

GBP/USD: Rectangle

GBP/USD, 4 hours    SHORT 6 days ago
There is a rectangle distinguished and the price calls for a more active bearish action as a sign of a breakdown. A rectangle can be thought of as a technical price action signal that can be used to signal prices are likely to keep falling downward in case if price collapses through the support line. There is a possibility of a rangebound to 1.215 as there is room for a downside correction.

GBP/USD: Bearish Rectangle

GBP/USD, 1 day    SHORT Apr 23
It seems like a bearish rectangle is very close to being completed, the price is ready to break out. A bearish rectangle identifies a chart signal that typically signals prices are likely to keep falling downward once price breaks out to the the downside. GBP/USD to drop towards 1.295 on a break below 1.298.

GBP/USD: Ascending Channel

GBP/USD, 4 hours    SHORT Jun 10
An ascending channel is uncovered. In case if price breaks out, the move could identify a bearish move. A bearish move to the 1.24 level stays on the cards on a breach of 1.245.

GBP/USD: Bearish Flag

GBP/USD, 1 hour    SHORT 4 days ago
A bearish flag is close to completion. A bearish flag identifies that the price to go short in case if price breaks out. GBP/USD opens door for a move to 1.212 as bears seeking a new low.

GBP/USD: Symmetrical Triangle

GBP/USD, 4 hours    SHORT Apr 22
We can see that a symmetrical triangle emerges, the price is breaking out. A symmetrical triangle is believed to be a bearish chart signal that typically signals extending an downtrend in case if price breaks through the support. There is a possibility of a further rangebound towards 1.3 on a breakout of the symmetrical triangle.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT Feb 23
There is an ascending channel discovered, the price is ready to break out soon. An ascending channel indicates a further move down when price breakdown occurs. It is likely that decline to the 1.354 zone will form on a breakout of the ascending channel.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT Apr 21
It looks like an ascending channel is diagnosed. An ascending channel is believed to be a compelling bearish price signal that can be used to indicate a sharp decline in case if price collapses through the support line. GBP/USD to move downward to 1.302 on a breakdown of the ascending channel.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT 4 days ago
An ascending channel has been noticed, GBP/USD calls for a more strong bearish move as a signal of a breakdown. An ascending channel depicts a technical pattern that is used to spot extending an downtrend when price breakdown occurs. GBP/USD now looks towards the 1.21 mark as GBP/USD loses bullish momentum.

GBP/USD: Bearish Flag

GBP/USD, 1 hour    SHORT Nov 9
A bearish flag is nearing completion. A bearish flag denotes a specific formation that often indicates that the price to go short when price collapses through the support line. GBP/USD targets a move towards 1.35.
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