{"id":32549,"date":"2012-09-25T21:10:24","date_gmt":"2012-09-26T01:10:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/gbpusd-continues-sideways-movement\/"},"modified":"2012-09-25T21:10:24","modified_gmt":"2012-09-26T01:10:24","slug":"gbpusd-continues-sideways-movement","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/25\/gbpusd-continues-sideways-movement\/","title":{"rendered":"GBPUSD continues sideways movement"},"content":{"rendered":"<p>GBPUSD continues its sideways movement in a range between 1.6163 and 1.6309. Initial support is at 1.6163, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 1.5490 (Aug 2 low), and another rise towards 1.6500 is still possible. However, a breakdown below 1.6163 support will indicate that lengthier consolidation of the uptrend is underway, then deeper decline to 1.6050 area to complete the consolidation could be seen.<\/p>\n<p><img decoding=\"async\" alt=\"gbpusd\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/09\/20120926_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 continues its sideways movement in a range between 1.6163 and 1.6309. Initial support is at 1.6163, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 1.5490 (Aug 2 low), and another rise towards 1.6500 is still possible. However, a breakdown below 1.6163 support &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/25\/gbpusd-continues-sideways-movement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD continues sideways movement&#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-32549","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32549","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=32549"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32549\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}