GBPUSD Forecast September 25, 2014, Technical Analysis
The GBPUSD pair fell during the course of the day on Wednesday, but as you can see remains above the support of 1.63 level.
FXB
GBPUSD Daily Analysis – September 19, 2014
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.7190 (Jul 15 high) had completed at 1.6051 already.
GBPUSD Daily Analysis – September 18, 2014
GBPUSD is facing the resistance of the downward trend line on 4-hour chart.
GBPUSD Daily Analysis – September 17, 2014
GBPUSD’s bounce from 1.6051 extended to as high as 1.6309, however, the bounce is likely consolidation of the downtrend
GBPUSD Daily Analysis – September 16, 2014
GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 could be treated as consolidation of the downtrend.
GBPUSD Daily Analysis – September 15, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend.
GBPUSD Daily Analysis – September 12, 2014
GBPUSD’s bounce from 1.6051 extended to as high as 1.6276, however, the bounce is likely consolidation of the downtrend from 1.7190 (Jul 15 high),
GBPUSD Daily Analysis – September 9, 2014
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6091.
GBPUSD Daily Analysis – September 8, 2014
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6168.
GBPUSD Daily Analysis – September 5, 2014
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6286.