As we can see GBP/USD creates a rising wedge, GBP/USD lacks a bigger move as a verification of a breakout.
A rising wedge is considered to be a price pattern that often signals price reversal after a pause once price breaks through the support.
A bearish move towards 1.268 is on the way.
GBP/USD: Triangle Ascendant
GBP/USD,
1 heure
LONG
Aoû 12
An ascending triangle happens and the price is about to break out soon.
In case if price breaks out, the resulting move could identify a move up.
GBP/USD to have better chances of advancing towards 1.278 once beyond 1.2772 as GBP/USD challenges 1.2772 hurdle.
GBP/USD: Drapeau baissier
GBP/USD,
1 heure
SHORT
Oct 18
GBP/USD develops a bearish flag.
A bearish flag represents a reliable formation that is angled up that can be used to spot an upward trend is nearing its end when price breaks through the support.
There is a possibility of a bearish continuation towards the 1.3 zone as sell-off may continue.
GBP/USD: Biseau Ascendant
GBP/USD,
1 heure
SHORT
Avr 14
There is a rising wedge poping up, the price is about to break out soon.
A rising wedge identifies a compelling signal that can be used to signal a pause in an uptrending market once price breaks out to the the downside.
It is likely that a bearish move to the 1.253 zone will take place as door open for the continuation of the downtrend.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Sep 11
There is a descending channel arising, the price requires a bit more consolidation for clear breakout confirmation.
Once price breaks above resistance, the resulting move could spot a bullish move.
There is a chance of a move to the 1.25 mark as downside pressure mitigates.
GBP/USD: Biseau Ascendant
GBP/USD,
4 heures
SHORT
Nov 17
It seems like a rising wedge appears and the price is close to breaking out soon.
A rising wedge is considered to be a useful chart formation that has an upward slope that often indicates a bullish-to-bearish trend reversal in case if price breaks down.
Gbpusd to extend the correction lower towards 1.314.
GBP/USD: Biseau Descendant
GBP/USD,
1 heure
LONG
Mar 17
As we can see a falling wedge appears and the price is close to breaking out soon.
A falling wedge represents a bullish price action signal that signals an extension in the upward direction if price breaks out.
There is a possibility of a move towards 1.294 on a breakout of the falling wedge.
GBP/USD: Rectangle
GBP/USD,
1 heure
SHORT
Mai 7
There is a rectangle detected.
A rectangle denotes a technical price signal that can be used to identify the more likely potential of falling prices once price breakdown occurs.
It is possible that corrective downside to 1.252 will occur.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Jui 23
It looks like a descending channel turns up.
A descending channel describes a compelling bullish price formation with a downward bias that often predicts a bearish-to-bullish trend reversal once price breaks through the resistance.
GBP/USD to maintain its positive tone towards 1.346 on a break above 1.346 as the currency pair looks bid.
GBP/USD: Biseau Ascendant
GBP/USD,
4 heures
SHORT
Jui 17
It looks like a rising wedge has been revealed, the price breaks out soon.
A rising wedge suggests a bearish chart indicator that can be used to signal that the price to go down once price breaks out to the the downside.
GBP/USD tests a move towards the 1.35 mark on a breach of 1.356.
GBP/USD: Canal Ascendant
GBP/USD,
4 heures
SHORT
Oct 6
There is an ascending channel spotted.
An ascending channel suggests a compelling bearish chart pattern that spots a bearish price move once price breaks down.
A bearish price action to 1.342 about to be made.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Fév 20
It seems like a descending channel is detected, the price calls for a move as a signal of a breakout.
A descending channel indicates a further move up once price breaks above resistance.
There is a chance of a rangebound to the 1.264 level.
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GBP/USD