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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.

 EURUSD Daily Analysis - September 24, 2014

EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.3411.

 AUDUSD Daily Analysis - September 24, 2014

AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831.

 EURUSD Daily Analysis - September 19, 2014

EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411, the rise from 1.2834 could be treated as consolidation of the downtrend.

 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.

EURUSD FXE

After consolidation, EURUSD broke below 1.2859 support and continued its downward movement from 1.3411, and the fall extended to as low as 1.2834.

 AUDUSD Daily Analysis - September 18, 2014

AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938.

 EURUSD Daily Analysis - September 17, 2014

EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411.

 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