{"id":103373,"date":"2017-03-13T05:53:11","date_gmt":"2017-03-13T09:53:11","guid":{"rendered":"http:\/\/countingpips.com\/?p=103373"},"modified":"2017-03-13T05:53:11","modified_gmt":"2017-03-13T09:53:11","slug":"gbpusd-stays-in-a-descending-price-channel","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/03\/gbpusd-stays-in-a-descending-price-channel\/","title":{"rendered":"GBPUSD stays in a descending price channel"},"content":{"rendered":"<div id=\"inves-3015912601\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 13, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><div class=\"entry-content\">\n<p>GBPUSD stays in the descending price channel on 4-hour chart and remains in downtrend from 1.2569. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be at 1.2000 area. Key resistance is at 1.2215, only break above this level will indicate that the downtrend had completed at 1.2134 already, then the following upward movement could bring price to 1.2600 zone.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-109265\" src=\"http:\/\/www.forexcycle.com\/wp-content\/uploads\/2017\/20170313_GBPUSD_1.png\" alt=\"GBPUSD chart\" width=\"500\" height=\"300\" \/><\/p>\n<\/div>\n<p>By <a href=\"http:\/\/ForexCycle.com\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD stays in the descending price channel on 4-hour chart and remains in downtrend from 1.2569. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be at 1.2000 area. Key resistance is at 1.2215, only break above this level will indicate that the downtrend [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-103373","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=103373"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103373\/revisions"}],"predecessor-version":[{"id":103379,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103373\/revisions\/103379"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=103373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=103373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=103373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}