As we can see a bearish flag is revealed, the price is ready to break out soon.
A bearish flag often indicates extending an downtrend if price breaks below support.
A bearish run towards 1.24 about to be made on a break below 1.244.
GBP/USD: Triangle Descendant
GBP/USD,
1 heure
LONG
Mai 22
A descending triangle comes out and GBP/USD asks for a steady bullish continuation as evidence of a breakout.
If price breaks through the resistance, the resulting move could signal a sharp rise.
There is a possibility of a bullish push up towards 1.344 once above 1.3425.
GBP/USD: Triangle Ascendant
GBP/USD,
1 heure
SHORT
Sep 30
It looks like an ascending triangle materializes, the price asks for a next move as an indication of a breakdown.
An ascending triangle suggests a bearish chart pattern that can be used to indicate a sharp decline if price breaks out to the the downside.
There is a probability of a rangebound towards 1.337.
GBP/USD: Rectangle Haussier
GBP/USD,
1 jour
LONG
Jui 15
There is a bullish rectangle arising.
A bullish rectangle describes a technical bullish price formation that predicts an extension in the upward direction if price breaks through the resistance.
GBP/USD to prolong the growth phase to the 1.27 zone.
GBP/USD: Canal Ascendant
GBP/USD,
1 heure
SHORT
Avr 14
It looks like an ascending channel is discovered, the price expects next active push down as proof of a breakout.
In case if price breaks out, the move could predict price heading to a new direction.
GBP/USD risks extending drop towards the 1.25 level as GBP/USD probes 1.252 hurdle.
GBP/USD: Canal Ascendant
GBP/USD,
4 heures
SHORT
Nov 28
As we can see an ascending channel has been spotted and the price demands a next bigger move to confirm ascending channel breakout.
An ascending channel is believed to be a specific price signal that is used to spot a bearish move in case if price collapses through the support line.
Decline to the 1.32 zone about to be made.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Déc 19
There is a descending channel forming and GBP/USD asks for a move for the certainty of breakout.
A descending channel spots a next move up if price breaks through the resistance.
GBP/USD to extend its rebound towards 1.268 on a breach of 1.266.
GBP/USD: Biseau Descendant
GBP/USD,
1 heure
LONG
Mai 22
A falling wedge is almost completed, GBP/USD requires next active rise for clear breakout confirmation.
If price breaks above resistance, the move could indicate a bullish price move.
A rangebound towards 1.343 looks likely.
GBP/USD: Biseau Ascendant
GBP/USD,
1 heure
SHORT
Sep 6
It seems like a rising wedge is close to being completed and GBP/USD requires a further strong move for the certainty of breakout.
A rising wedge denotes a price action formation with an upward bias that signals price heading to a new direction if price collapses through the support line.
There is a possibility of further decline towards the 1.317 level.
GBP/USD: Fanion
GBP/USD,
1 heure
SHORT
Jan 10
We can see that a pennant is almost completed.
A pennant tends to be a compelling formation that is used to indicate a move down if price breaks through the support.
GBP/USD targets a move towards the 1.226 mark on a breach of 1.2265.
GBP/USD: Canal Ascendant
GBP/USD,
1 heure
SHORT
Jul 25
GBP/USD gives an ascending channel.
An ascending channel can be thought of as a reliable formation that is used to spot a next move down once price breaks down.
GBP/USD to drop to the 1.289 level as GBP/USD challenges 1.2896 hurdle.
GBP/USD: Biseau Ascendant
GBP/USD,
1 heure
SHORT
Jui 28
The price gives a rising wedge and GBP/USD needs a strong impulse down as a signal of a breakout.
A rising wedge signals that the price to go short if price breaks below support.
A bearish run towards 1.272 stays on the cards on a breakdown of the rising wedge as door open for a test of 1.272.
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GBP/USD