{"id":92492,"date":"2016-07-06T09:39:03","date_gmt":"2016-07-06T13:39:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=92492"},"modified":"2016-07-06T09:39:03","modified_gmt":"2016-07-06T13:39:03","slug":"gbpusd-downtrend-continues","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/gbpusd-downtrend-continues\/","title":{"rendered":"GBP\/USD downtrend continues"},"content":{"rendered":"
July 6, 2016<\/div>
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By Admiral Markets<\/b><\/p>\n

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The GBP\/USD made it to all predicted targets. It was like no-brainer trading. Simply we’ve had to short into rallies and it’s been a free money. Today we might see a rejection from 1.2990-1.3005 as the first POC ( bearish order block, 38.2, Now moment sellers, Pinbar rejection ) towards 1.2863. If the price proceeds above 1.3010 we should consider POC2 1.3070-1.3100 (50.0, H3, DPP). Rejection from this zone will target 1.3000 zone. Additionally a pinbar rejection that happened 2 hours ago might immediately pull the price down from 1.2970. <\/p>\n

If the price makes a H1 momentum break or 4h close below L4 1.2860 then the door to 1.2735 will be open.<\/p>\n

Follow @TarantulaFX<\/a> on twitter for latest market updates<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: GBP\/USD downtrend continues<\/a><\/p>

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The GBP\/USD made it to all predicted targets. It was like no-brainer trading. Simply we’ve had to short into rallies and it’s been a free money. Today we might see a rejection from 1.2990-1.3005 as the first POC ( bearish order block, 38.2, Now moment sellers, Pinbar rejection ) towards 1.2863. If […]<\/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-92492","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92492","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=92492"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92492\/revisions"}],"predecessor-version":[{"id":92493,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92492\/revisions\/92493"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}