{"id":91921,"date":"2016-06-24T05:56:13","date_gmt":"2016-06-24T09:56:13","guid":{"rendered":"http:\/\/countingpips.com\/?p=91921"},"modified":"2016-06-24T05:56:13","modified_gmt":"2016-06-24T09:56:13","slug":"gbpusd-collapsed-in-todays-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/gbpusd-collapsed-in-todays-session\/","title":{"rendered":"GBPUSD collapsed in today\u2019s session."},"content":{"rendered":"
June 24, 2016<\/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>\n1.1342<\/td>\n1.1390<\/td>\n1.1443<\/td>\n<\/tr>\n
Support<\/td>\n1.1241<\/td>\n1.1188<\/td>\n1.1140<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD plunged into fresh lows. Should the pair achieve to extend its downtrend, the next support is seen at 1.0908 and then lower at 1.0822.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would lead the pair towards 1.1024. RSI oscillator\u00a0is trading at 24.<\/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>\n1.4771<\/td>\n1.4838<\/td>\n1.4903<\/td>\n<\/tr>\n
Support<\/td>\n1.4639<\/td>\n1.4573<\/td>\n1.4506<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0collapsed in today\u2019s session. Further drop of GBPUSD will pave the path down to 1.3226 and even lower at 1.3016.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a correction course will lift the exchange rate towards 1.3504 and further up 1.3654. RSI supports this scenario.<\/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-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9622<\/td>\n0.9663<\/td>\n0.9699<\/td>\n<\/tr>\n
Support<\/td>\n0.9544<\/td>\n0.9508<\/td>\n0.9467<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF has\u00a0cleared all the given resistances. If the pair manages to withhold the sellers\u2019 pressure, it will penetrate the hurdle at 0.9740, with immediate target the resistance at 0.9800.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the pair below the now-support at 0.9699 will open the way down to 0.9663. RSI is trading within the overbought territory.<\/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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n101.81<\/td>\n102.41<\/td>\n103.04<\/td>\n<\/tr>\n
Support<\/td>\n101.01<\/td>\n100.22<\/td>\n98.98<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0pair\u00a0topped up above the Kumo, before turning sharply\u00a0again below it. If the bears manage to take control of the bulls, and eliminate the key support at 101.01, the next support is estimated at 100.22 and then lower at 98.98.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a successful penetration of the hurdle at 101.81 will fuel the pair towards 102.41.<\/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>\n0.7536<\/td>\n0.7573<\/td>\n0.7621<\/td>\n<\/tr>\n
Support<\/td>\n0.7451<\/td>\n0.7403<\/td>\n0.7366<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD turned sharply bearish. A break back below the support at 0.7303 will push prices to find support at 0.7257.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA surge of the pair above the barrier at 0.7366 will trigger the market to hit the resistance at 0.7403.<\/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 1.1342 1.1390 1.1443 Support 1.1241 1.1188 1.1140 Primary Scenario EURUSD plunged into fresh lows. Should the pair achieve to extend its downtrend, the next support is seen at 1.0908 and then lower at 1.0822. Alternative Scenario An upward wave would lead the pair towards 1.1024. RSI oscillator\u00a0is trading at […]<\/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-91921","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91921","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=91921"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91921\/revisions"}],"predecessor-version":[{"id":91936,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91921\/revisions\/91936"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}