Open:
High:
Low:
Close:
BAJI / WEDGE MENURUN
GBP/USD
1H
We can see that a falling wedge materializes.
In case if price breaks through the resistance, the move could indicate a sharp rise.
There is a probability of a bullish push up towards 1.324.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
4H
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.
PANJI / PENNANT
GBP/USD
1H
A pennant happens.
A pennant identifies a price signal that typically indicates that the price to go short once price breaks below support.
Corrective downside to 1.323 is going to happen as indicators turn bearish.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
1H
Gbpusd shapes an ascending channel and the price requests a further steady bearish move as an information of a breakout.
An ascending channel is said to depict a technical price action indicator that spots a next move down once price collapses through the support line.
There is a chance of a move towards the 1.322 zone on impulse below 1.3235 as upside pressure mitigates.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
1H
Gbpusd forms an ascending channel.
An ascending channel provides a technical bearish price action signal that is used to predict a bearish price move in case if price breaks down.
Gbpusd to slump to 1.32.
SEGITIGA NAIK
GBP/USD
1H
There is an ascending triangle taking place.
If price breaks out to the the upside, the move could signal an extension in the upward direction.
A bullish move towards 1.324 is on the cards on a breach of 1.3215 as bulls looking for profit.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
1H
Gbpusd forms an ascending channel, the price lacks a further bigger bearish continuation as an indication of a breakdown.
An ascending channel denotes a compelling bearish formation that can be used to identify price heading to a new direction when price collapses through the support line.
It is likely that a bearish run towards 1.316 will happen on a breach of 1.317.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
1H
It seems like an ascending channel develops, the price is ready to break out soon.
When price breaks through the support, the move could indicate a bearish price action.
A bearish price action towards the 1.316 mark stays on the cards on a downside break.
KANAL MENANJAK / ASCENDING CHANNEL
GBP/USD
1H
It looks like an ascending channel is very close to being completed and gbpusd expects a steady move as proof of a breakout.
An ascending channel depicts a price action pattern that can be used to spot a next move down in case if price breakdown occurs.
Gbpusd could recede towards the 1.316 mark.
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