A rectangle occurs.
A rectangle suggests a specific price action signal that results in that the price to go long if price breaks through the resistance.
GBP/USD looks ready to further extend its gains towards the 1.24 mark.
GBP/USD: Canal Descendant
GBP/USD,
4 heures
LONG
Mar 3
There is a descending channel turning up and the price is close to breaking out.
A descending channel identifies a useful price action formation that has a downward slope that is used to predict a bullish price move if price breaks through the resistance.
There is a possibility of a bullish move to the 1.268 zone on impulse above 1.267.
GBP/USD: Biseau Descendant
GBP/USD,
4 heures
LONG
Déc 11
As we can see a falling wedge pops up, GBP/USD wants a steady move as a verification of a breakout.
When price breaks out to the the upside, the resulting move could spot a further move up.
GBP/USD does not rule out a move to the 1.26 mark on a upside break.
GBP/USD: Triangle Descendant
GBP/USD,
1 heure
LONG
Mai 30
A descending triangle pops up and the price breaks out.
A descending triangle describes a specific bullish chart formation that typically signals extending an uptrend in case if price breaks out.
It is not ruled out that a bullish continuation to 1.236 will occur.
GBP/USD: Biseau Descendant
GBP/USD,
1 heure
LONG
Jui 4
The price establishes a falling wedge.
A falling wedge can be thought of as a useful price action indicator that can be used to spot a move up once price breaks out.
GBP/USD to look for a further push towards 1.353 as GBP/USD sticks to the positive mood.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Oct 11
As we can see a descending channel pops up and the price asks for an active move as an information of a breakout.
A descending channel can be thought of as a reliable bullish signal that is used to identify that the price to go up if price breaks above resistance.
GBP/USD challenges a move towards the 1.31 mark while above 1.308.
GBP/USD: Rectangle
GBP/USD,
1 heure
SHORT
Aoû 10
The price shows a rectangle and the price breaks out soon.
A rectangle is a technical bearish signal that often identifies a bearish move if price breaks out to the the downside.
GBP/USD to extend the correction lower to 1.27.
GBP/USD: Drapeau baissier
GBP/USD,
1 heure
SHORT
Sep 20
A bearish flag is close to being finished, the price calls for a further bigger move as a clue of a breakdown.
A bearish flag is said to depict a compelling chart indicator that is used to indicate a trend change to the downside if price breakdown occurs.
GBP/USD risks extra downside to the 1.234 mark.
GBP/USD: Triangle Descendant
GBP/USD,
1 heure
LONG
Jui 30
There is a descending triangle developing and the price is close to breaking out now.
A descending triangle identifies extending an uptrend once price breaks out.
GBP/USD does not rule out a move to the 1.374 level.
GBP/USD: Biseau Ascendant
GBP/USD,
4 heures
SHORT
Oct 1
It seems like a rising wedge has been noticed.
If price collapses through the support line, the move could predict that prices move counter to the prevailing price trend.
GBP/USD to turn bearish to the 1.33 mark.
GBP/USD: Biseau Ascendant
GBP/USD,
4 heures
SHORT
Aoû 22
A rising wedge comes out and the price is ready to break out.
A rising wedge provides a bearish indicator that results in that prices move counter to the prevailing price trend if price breaks out.
GBP/USD to maintain its negative tone towards 1.274 as the currency pair becomes vulnerable.
GBP/USD: Canal Ascendant
GBP/USD,
4 heures
SHORT
Jan 26
There is an ascending channel identified, GBP/USD calls for a more move as an information of a breakout.
An ascending channel depicts a compelling bearish price action formation that can be used to signal a temporary interruption of an existing trend once price breakdown occurs.
There is a probability of a further bearish move to 1.268.
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GBP/USD