Open:
High:
Low:
Close:
DESCENDING CHANNEL
GBP/USD
1H
A descending channel takes place, the price calls for a further bigger move as evidence of a breakout.
A descending channel results in a next move up in case if price breaks through the resistance.
Gbpusd to enjoy a considerable gain towards 1.352 once above 1.351.
SALURAN MENAIK
GBP/USD
1H
An ascending channel is close to being complete, gbpusd expects a strong bearish impulse to confirm a breakdown.
In case if price breaks down, the resulting move could identify a move down.
Gbpusd to resume its downfall to the 1.349 zone while below 1.35.
SEGI EMPAT TEPAT
GBP/USD
4H
A rectangle has been identified, the price breaks out.
A rectangle is said to depict a useful chart indicator that can be used to spot prices are likely to keep falling downward in case if price collapses through the support line.
Gbpusd risks extending drop to 1.348 while lower than 1.3505 as gbpusd looks offered.
FLAG BEARIS
GBP/USD
1H
We can see that a bearish flag is nearing completion.
Once price collapses through the support line, the move could indicate a bearish move.
There is a possibility of a further bearish move to 1.351 on a breach of 1.3516 as the currency pair looks offered.
FALLING WEDGE
GBP/USD
1H
A falling wedge is almost done, the price is about to break out soon.
A falling wedge tends to be a reliable bullish price formation that results in a next move up once price breaks out to the the upside.
A further rangebound to the 1.353 level is a possibility on impulse above 1.3525.
SALURAN MENAIK
GBP/USD
1D
An ascending channel is very close to being finished.
An ascending channel tends to be a reliable bearish chart signal that can be used to indicate a move down when price breaks below support.
There is a possibility of a bearish continuation towards 1.34.
RISING WEDGE
GBP/USD
4H
There is a rising wedge occuring.
A rising wedge represents a specific price indicator that results in a temporary interruption during a rising market when price breaks out to the the downside.
A bearish move towards the 1.352 level is on the cards as gbpusd nears 1.354 hurdle.
SALURAN MENAIK
GBP/USD
1H
An ascending channel has been spotted, the price is close to breaking out.
An ascending channel suggests a technical bearish signal that results in the more likely potential of falling prices if price breaks out to the the downside.
Corrective downside to 1.353 is on the way.
PENNANT
GBP/USD
1H
Penafian.
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