There is a falling wedge discovered.
A falling wedge is said to depict a useful chart formation that typically identifies a bullish price move if price breaks out.
Gbpusd pushes higher towards the 1.315 mark as gbpusd becomes supported.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
47 hours ago
The price gives a descending channel.
A descending channel typically signals a pause in a downtrending market if price breaks out to the the upside.
Gbpusd looks north to the 1.326 level.
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: Descending Triangle
GBP/USD,
4 hours
SHORT
Oct 7
A descending triangle arises.
When price breaks out, the move could indicate a next move down.
There is a probability of a bearish move towards the 1.342 mark on a breakout of the descending triangle as gbpusd becomes weak.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
Nov 24
It looks like a descending channel happens.
A descending channel signals a further move up in case if price breaks above resistance.
Gbpusd to extend its rebound towards the 1.315 zone once beyond 1.312.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Jan 31
It looks like an ascending channel has been identified.
When price breaks through the support, the move could identify a next move down.
It is likely that corrective downside to the 1.24 level will happen on a breakdown of the ascending channel.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Nov 24
A falling wedge is very close to being finished, the price is ready to break out.
A falling wedge identifies an indicator that identifies a bullish price move when price breaks out to the the upside.
Gbpusd does not rule out a move to the 1.312 mark on a breach of 1.311.
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