GBP/USD Ascending Channel Pullback Levels
GBPUSD has formed higher lows and higher highs on its hourly time frame, with an ascending channel holding since mid-January. Price is testing the resistance and could be due for a correction.
Posts Tagged: uk cpi
EUR/GBP Descending Trend Line Correction
EURGBP has formed lower highs connected by a falling trend line that’s been holding since early May. Price looks ready for another test of this…
GBP/NZD Channel Resistance Test
GBPNZD has formed lower highs and lower lows connected by a falling trend line on its hourly time frame. Price is currently testing resistance and…
GBP/USD Bullish Breakout and Correction
GBPUSD rallied past its short-term descending trend line to suggest that a reversal is in order, following a pullback to the area of interest. The…
GBP/JPY Bullish Channel Correction Levels
GBPJPY has been trending higher since the start of the month, forming higher lows and higher highs inside a rising channel. Price is retreating from…
GBP/JPY Bullish Triangle Breakout Due?
GBPJPY is still consolidating inside its ascending triangle on the 4-hour time frame, but this time the pair is testing the resistance. A break higher…
GBP/USD Bullish Channel Correction Levels
GBPUSD is trending higher inside a rising channel visible on its short-term time frames. Price is currently testing resistance and could be due for a…
GBP/JPY Ascending Channel Support Bounce
GBPJPY is trending higher inside a rising channel on its 4-hour time frame, and it looks like the pair is finding support at its mid-channel…