There is a rising wedge recognized, the price is ready to break out.
A rising wedge is considered to be a bearish chart indicator that typically indicates that the price to go short when price collapses through the support line.
GBP/USD to extend the fall to the 1.26 level on a breakdown of the rising wedge.
GBP/USD: Canal Descendant
GBP/USD,
4 heures
LONG
Nov 25
As we can see a descending channel comes out and the price asks for a further bigger move for clear breakout confirmation.
A descending channel indicates that the price to go up once price breaks out to the the upside.
GBP/USD risks a move towards the 1.265 mark as the currency pair becomes bullish.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Sep 28
It looks like a descending channel is very close to being finished.
A descending channel identifies a bullish price formation that has a downward slope that indicates a bullish price action when price breaks through the resistance.
GBP/USD to head to 1.215.
GBP/USD: Drapeau haussier
GBP/USD,
4 heures
LONG
Sep 13
As we can see a bullish flag happens, GBP/USD requires a more active bullish move for clear breakout confirmation.
A bullish flag is said to depict an indicator that often signals a bullish price action in case if price breaks out to the the upside.
A rangebound to the 1.32 mark is likely to happen.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Mar 17
It looks like a descending channel develops, GBP/USD expects a more steady bullish impulse to confirm a breakout.
A descending channel suggests a bullish chart indicator that typically spots price heading to a new direction once price breaks out to the the upside.
A bullish continuation towards 1.296 is a possibility amid the currency pair reclaims part of the ground lost.
GBP/USD: Triangle Descendant
GBP/USD,
1 heure
LONG
Mai 17
There is a descending triangle developing, the price is ready to break out.
If price breaks above resistance, the move could predict the bears have run out of steam.
A bullish move towards the 1.268 zone is a possibility as bulls lurking in demand zone.
GBP/USD: Canal Ascendant
GBP/USD,
1 jour
SHORT
Sep 26
Gbpusd shapes an ascending channel.
Once price breaks down, the resulting move could signal a bearish price move.
It is not ruled out that a bearish move towards the 1.33 level will form on a breakout of the ascending channel as there is a chance for a downside correction.
GBP/USD: Canal Ascendant
GBP/USD,
4 heures
SHORT
Déc 1
An ascending channel has been revealed.
An ascending channel represents a technical pattern that typically spots that the price to go down if price breaks out.
A further bearish continuation to 1.25 looks possible.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Oct 10
It looks like a descending channel is observed and gbpusd requests a next strong bullish continuation as an indication of a breakout.
Once price breaks above resistance, the resulting move could spot a bullish price move.
Gbpusd dives out bearish trendline to the 1.332 level.
GBP/USD: Canal Ascendant
GBP/USD,
1 heure
SHORT
Oct 13
There is an ascending channel discovered, gbpusd requests an active move as a sign of a breakout.
An ascending channel is said to depict a compelling formation that signals reversals in uptrends when price breaks out to the the downside.
A rangebound to the 1.332 mark is going to happen.
GBP/USD: Triangle Ascendant
GBP/USD,
1 heure
SHORT
Mar 7
We can see that GBP/USD shapes an ascending triangle.
An ascending triangle spots extending an downtrend once price breaks through the support.
It is possible that a further bearish move to the 1.202 level will take place on a breach of 1.203 as upside pressure alleviates.
GBP/USD: Canal Descendant
GBP/USD,
1 heure
LONG
Aoû 15
There is a descending channel materializing.
A descending channel represents a specific bullish price signal that can be used to signal a countertrend succeeding the current trend if price breaks above resistance.
There is a possibility of a move to 1.286 on a breakout of the descending channel.
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GBP/USD