{"id":32510,"date":"2012-09-24T23:18:02","date_gmt":"2012-09-25T03:18:02","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/gbpusd-moves-sideways-in-a-range-between-1-6163-and-1-6309\/"},"modified":"2012-09-24T23:18:02","modified_gmt":"2012-09-25T03:18:02","slug":"gbpusd-moves-sideways-in-a-range-between-1-6163-and-1-6309","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/24\/gbpusd-moves-sideways-in-a-range-between-1-6163-and-1-6309\/","title":{"rendered":"GBPUSD moves sideways in a range between 1.6163 and 1.6309"},"content":{"rendered":"<p>GBPUSD moves sideways in a range between 1.6163 and 1.6309. The price action in the range is likely consolidation of the uptrend from 1.5490 (Aug 2 low). Support is at 1.6163, as long as this level holds, another rise towards 1.6500 could be expected after consolidation, and a break above 1.6309 could signal resumption of the uptrend. On the downside, a breakdown below 1.6163 will indicate that lengthier consolidation of the uptrend is underway, then the pair will find support around 1.6050 area.<\/p>\n<p><img decoding=\"async\" alt=\"gbpusd\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/09\/20120925_gbpusd_1.gif\" align=\"none\"><\/p>\n<p><a target=\"_blank\" title=\"\" href=\"http:\/\/www.forexcycle.com\/\">Forex Signals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD moves sideways in a range between 1.6163 and 1.6309. The price action in the range is likely consolidation of the uptrend from 1.5490 (Aug 2 low). Support is at 1.6163, as long as this level holds, another rise towards 1.6500 could be expected after consolidation, and a break above 1.6309 could signal resumption of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/24\/gbpusd-moves-sideways-in-a-range-between-1-6163-and-1-6309\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD moves sideways in a range between 1.6163 and 1.6309&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-32510","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=32510"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}