Open:
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Close:
RISING WEDGE
GBP/USD
4H
A rising wedge is close to completion, the price asks for further strong fall as evidence of a breakdown.
A rising wedge indicates a tendency to break in the opposite direction once price breaks out.
There is a chance of a bearish price action to the 1.31 zone.
RISING WEDGE
GBP/USD
1H
A rising wedge comes out, gbpusd lacks a strong move as a verification of a breakdown.
A rising wedge identifies a technical bearish price action signal that spots a bearish move when price breaks below support.
Gbpusd now looks towards the 1.314 mark on a break below 1.3155.
RISING WEDGE
GBP/USD
1H
As we can see a rising wedge is almost completed, the price is about to break out.
A rising wedge is considered to be a reliable pattern that is angled up that is used to predict a move down in case if price breaks out to the the downside.
Gbpusd to continue lower to 1.314 as downtrend may continue.
SEGITIGA MENINGKAT
GBP/USD
1H
It seems like the price composes an ascending triangle.
An ascending triangle provides a useful signal that is used to spot that the price will rally further if price breaks out.
Gbpusd challenges a move to the 1.316 mark once above 1.3145.
SALURAN MENAIK
GBP/USD
1H
It seems like an ascending channel has been revealed, the price requires more bigger fall to confirm a breakout.
An ascending channel describes a bearish indicator that can be used to predict the more likely potential of falling prices in case if price breaks below support.
It is likely that corrective downside to 1.31 will occur on a breakout of the ascending channel as upside pressure mitigates.
SALURAN MENAIK
GBP/USD
1H
Gbpusd composes an ascending channel and the price demands a further impulse down as evidence of a breakdown.
An ascending channel typically identifies a countertrend succeeding the current trend if price breaks down.
Gbpusd to extend the fall towards 1.31 while below 1.312 as the currency pair nears 1.312 hurdle.
DESCENDING CHANNEL
GBP/USD
4H
There is a descending channel emerging, the price is about to break out soon.
A descending channel can be thought of as a technical formation with a downward bias that spots that the price to go long when price breaks through the resistance.
A further bullish push up towards the 1.314 zone is likely.
FLAG BEARIS
GBP/USD
1H
There is a bearish flag encountered and the price is close to breaking out now.
A bearish flag is believed to be a bearish price action pattern that is used to predict a bearish price move if price collapses through the support line.
Gbpusd risks a correction towards the 1.304 level on a break below 1.306.
DESCENDING CHANNEL
GBP/USD
4H
A descending channel is close to being completed.
If price breaks out, the move could spot a bullish price action.
A further move towards 1.32 looks possible on a breakout of the descending channel.
Penafian.
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Pendedahan Risiko.
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