{"id":115361,"date":"2017-10-25T07:28:41","date_gmt":"2017-10-25T11:28:41","guid":{"rendered":"http:\/\/countingpips.com\/?p=115361"},"modified":"2018-06-01T15:55:26","modified_gmt":"2018-06-01T15:55:26","slug":"gbpusd-failed-to-breakout-1-3228-resistance","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/10\/gbpusd-failed-to-breakout-1-3228-resistance\/","title":{"rendered":"GBPUSD failed to breakout 1.3228 resistance"},"content":{"rendered":"<div id=\"inves-1178224703\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 25, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><div class=\"entry-content\">\n<p>GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend from 1.3337 and deeper decline towards the <a href=\"http:\/\/www.forexcycle.com\/long-term-forex-analysis\/115413-gbpusd-weekly-analysis-october-15-2017.html\">major support trend line on the daily chart<\/a> would likely be seen in the coming days. Near term support is at 1.3087, below this level could signal resumption of the downtrend. On the upside, a breakout of 1.3228 level could bring price back to test 1.3337 resistance, above this level could trigger further upside movement towards 1.3455.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-115658\" src=\"http:\/\/www.forexcycle.com\/wp-content\/uploads\/2017\/20171025_GBPUSD_1.png\" alt=\"GBPUSD 4-hour chart\" width=\"500\" height=\"300\" \/><\/p>\n<\/div>\n<p>By <a href=\"http:\/\/ForexCycle.com\" target=\"_blank\" rel=\"noopener\">ForexCycle.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend from 1.3337 and deeper decline towards the major support trend line on the daily chart would likely be seen in the coming days. Near term support is at 1.3087, below [&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-115361","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115361","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=115361"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115361\/revisions"}],"predecessor-version":[{"id":115371,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/115361\/revisions\/115371"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=115361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=115361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=115361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}