{"id":48728,"date":"2014-03-19T22:46:00","date_gmt":"2014-03-20T02:46:00","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2014\/03\/gbpusds-downward-movement-extended-to-1-6508\/"},"modified":"2014-03-19T22:46:00","modified_gmt":"2014-03-20T02:46:00","slug":"gbpusds-downward-movement-extended-to-1-6508","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/19\/gbpusds-downward-movement-extended-to-1-6508\/","title":{"rendered":"GBPUSD&#8217;s downward movement extended to 1.6508"},"content":{"rendered":"<p>GBPUSD&#8217;s downward movement form 1.6785 extended to as low as 1.6508. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.6450 area. On the upside, a clear break above the trend line resistance will indicate that the downtrend from 1.6785 is complete, then the following upward movement could bring price to 1.7000 zone.<\/p>\n<p><img decoding=\"async\" alt=\"gbpusd\" src=\"http:\/\/www.forexcycle.com\/archive2014\/20140320_gbpusd_1.png\" \/><\/p>\n<p>Provided by <a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD&#8217;s downward movement form 1.6785 extended to as low as 1.6508. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.6450 area. On the upside, a clear break above the trend line &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/19\/gbpusds-downward-movement-extended-to-1-6508\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD&#8217;s downward movement extended to 1.6508&#8221;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48728","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48728","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"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48728"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48728\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}