{"id":114399,"date":"2017-10-09T08:15:29","date_gmt":"2017-10-09T12:15:29","guid":{"rendered":"http:\/\/countingpips.com\/?p=114399"},"modified":"2017-10-09T07:15:27","modified_gmt":"2017-10-09T11:15:27","slug":"eurusd-falling-wedge-and-gbpusd-bear-impulse","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/10\/eurusd-falling-wedge-and-gbpusd-bear-impulse\/","title":{"rendered":"EUR\/USD Falling Wedge and GBP\/USD Bear Impulse"},"content":{"rendered":"<div id=\"inves-821261280\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 9, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p>The EUR\/USD is building a falling wedge reversal chart pattern at the 23.6% Fib support at 1.17 and offers both a breakout and bounce setup. The GBP\/USD bearish momentum was strong but price is now building a correction. The bullish retracement could be pullback of a larger downtrend and price could face resistance at the 38.2-50% Fib around 1.3125-1.3150.<\/p>\n<p>Watch the 10 min video here:<br \/>\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/YO50ewaT1fM\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><br \/>\n<\/iframe><\/p>\n<p>Many green pips,<\/p>\n<p>Chris Svorcik<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/ChrisSvorcik\" rel=\"nofollow\">@ChrisSvorcik<\/a> on twitter for latest market updates.<br \/>\nConnect with <a href=\"https:\/\/www.facebook.com\/profile.php?id=100009628491889\" rel=\"nofollow\">Chris Svorcik<\/a> on Facebook for latest Forex and education tips.<\/p><div id=\"inves-3974934055\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/eur-usd-falling-wedge-and-gbp-usd-bear-impulse\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/Forex101-Banner-News-1440x440-ENG.png\" alt=\"Forex101 Forex Trading Course\" \/><\/a><\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/eur-usd-falling-wedge-and-gbp-usd-bear-impulse\" target=\"_blank\" rel=\"noopener\">EUR\/USD Falling Wedge and GBP\/USD Bear Impulse<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\" \/>\n<p><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" width=\"141\" height=\"87\" align=\"left\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets The EUR\/USD is building a falling wedge reversal chart pattern at the 23.6% Fib support at 1.17 and offers both a breakout and bounce setup. The GBP\/USD bearish momentum was strong but price is now building a correction. The bullish retracement could be pullback of a larger downtrend and price could face [&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-114399","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114399","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=114399"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114399\/revisions"}],"predecessor-version":[{"id":114413,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/114399\/revisions\/114413"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=114399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=114399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=114399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}