{"id":133553,"date":"2018-09-11T12:28:07","date_gmt":"2018-09-11T16:28:07","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=133553"},"modified":"2018-09-11T12:28:07","modified_gmt":"2018-09-11T16:28:07","slug":"gbpusd-backs-off-higher-prices-on-price-failure","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/gbpusd-backs-off-higher-prices-on-price-failure\/","title":{"rendered":"GBPUSD: Backs Off Higher Prices On Price Failure"},"content":{"rendered":"<div id=\"inves-242745518\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 11, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By FXTechStrategy.com<\/strong><\/p>\n<p>GBPUSD: The pair backed off higher prices after failing to follow through on the back of its Monday gain on Tuesday. This development has turned the immediate risk lower. On the downside, support lies at the 1.2850 level where a break will turn attention to the 1.2800 level. Further down, support lies at the 1.2750 level. Below here will set the stage for more weakness towards the 1.2700 l0evel. Conversely, resistance stands at the 1.3050 with a turn above here allowing for more strength to build up towards the 1.3100 level. Further out, resistance resides at the 1.3150 level followed by the 1.3200 level. On the whole, GBPUSD faces pullback risk on price failure<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp-content\/uploads\/2018\/09\/GBPUSDDaily.png\" \/><\/p>\n<p>This is an excerpt from our\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/pricing-and-plans-2\/\" target=\"_blank\" rel=\"noopener\">10-currency daily analysis and trade alerts\u00a0<\/a>with buy\/sell entries, stoplosses and profit targets\u2026<strong><a href=\"http:\/\/www.fxtechstrategy.com\/pricing-and-plans-2\/\" target=\"_blank\" rel=\"noopener\">Click Here To Get Started<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By FXTechStrategy.com GBPUSD: The pair backed off higher prices after failing to follow through on the back of its Monday gain on Tuesday. This development has turned the immediate risk lower. On the downside, support lies at the 1.2850 level where a break will turn attention to the 1.2800 level. Further down, support lies at [&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-133553","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133553","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=133553"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133553\/revisions"}],"predecessor-version":[{"id":133555,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133553\/revisions\/133555"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=133553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=133553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=133553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}