{"id":81422,"date":"2015-11-23T01:30:03","date_gmt":"2015-11-23T06:30:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=81422"},"modified":"2015-11-23T07:12:26","modified_gmt":"2015-11-23T12:12:26","slug":"gbpusd-erased-its-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/gbpusd-erased-its-gains\/","title":{"rendered":"GBPUSD erased its gains."},"content":{"rendered":"
November 23, 2015<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.0708<\/td>\n1.0771<\/td>\n1.0806<\/td>\n<\/tr>\n
Support<\/td>\n1.0610<\/td>\n1.0576<\/td>\n1.0513<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0is now testing the key support level at 1.0610. A break back below this level will most likely push prices to find support at 1.0576 and even lower at 1.0513.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA bounce up from current levels will lift the exchange rate towards the daily pivot point at 1.0674.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"EURUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"GBPUSD<\/a><\/td>\nGBPUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.5268<\/td>\n1.5352<\/td>\n1.5395<\/td>\n<\/tr>\n
Support<\/td>\n1.5142<\/td>\n1.5098<\/td>\n1.5015<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0pair\u00a0erased its gains and violated the daily pivot point at 1.5225. Further drop of the market will lead GBPUSD below the support level at 1.5142 and further down to 1.5098.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would fuel the pair to reach the daily pivot point.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"GBPUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.0211<\/td>\n1.0242<\/td>\n1.0287<\/td>\n<\/tr>\n
Support<\/td>\n1.0135<\/td>\n1.0090<\/td>\n1.0059<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is\u00a0now poised to penetrate the important resistance at 1.0211. If that happens, the next resistance level is seen at 1.0242 and then higher at 1.0287.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a comeback of the currency pair will push the market to find support at the daily pivot (1.0166).<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDCHFH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDJPY<\/a><\/td>\nUSDJPY<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n123.25<\/td>\n123.74<\/td>\n124.14<\/td>\n<\/tr>\n
Support<\/td>\n123.08<\/td>\n122.82<\/td>\n122.48<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe USDJPY pair has managed to withhold the sellers\u2019 pressure and remained above the Kumo. A successful attempt to exceed the hurdle at 123.25 will trigger the market to climb towards the resistance at 123.74.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a plunge of the exchange rate below the support level at 123.08 will open the way down to 122.82.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDJPYH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"AUDUSD<\/a><\/td>\nAUDUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7259<\/td>\n0.7287<\/td>\n0.7325<\/td>\n<\/tr>\n
Support<\/td>\n0.7192<\/td>\n0.7154<\/td>\n0.7126<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD edged up at 0.7249, before retracing below the daily pivot at 0.7221 and the support level at 0.7192. A deeper correction of the pair will push the rate to eliminate the support at 0.7154, with immediate target the forthcoming support at 0.7126.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nA surge of the market above the now-resistance level at 0.7192 will fuel the pair to hit the daily pivot point.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"AUDUSDH4\"<\/a><\/p>\n

 <\/p>\n

\n

\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime EURUSD H4 Resistance 1.0708 1.0771 1.0806 Support 1.0610 1.0576 1.0513 Primary Scenario EURUSD\u00a0is now testing the key support level at 1.0610. A break back below this level will most likely push prices to find support at 1.0576 and even lower at 1.0513. Alternative Scenario A bounce up from current levels will lift […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-81422","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81422","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=81422"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81422\/revisions"}],"predecessor-version":[{"id":81442,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81422\/revisions\/81442"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=81422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=81422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=81422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}