{"id":12375,"date":"2010-08-25T08:38:32","date_gmt":"2010-08-25T12:38:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=12375"},"modified":"2010-08-25T08:38:32","modified_gmt":"2010-08-25T12:38:32","slug":"gbpusd-a-close-above-1-5616-will-change-instruments-bearish-direction","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/25\/gbpusd-a-close-above-1-5616-will-change-instruments-bearish-direction\/","title":{"rendered":"GBPUSD: A close above (1.5616) will change instrument\u2019s bearish direction"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong>By <a href=\"http:\/\/4XEagleEye.com\" target=\"_blank\">4XEagleEye.com<\/a><\/strong><\/span><\/p>\n<p><strong>Down Trend<\/strong><\/p>\n<p>Prices  should stay below (1.56160) in order to maintain the bearish outlook..  GBPUSD is facing a selling pressure pushing it down as long as it  remains below (1.56160) any four hours close below (1.52813) will open  the way for the instrument to test the next support level at (1.51937).  Any four hours bare close above (1.56160) will change instrument`s  direction. Traders should consider selling each rally with a stop loss  at (1.56160).<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/reports.4xeagleeye.com\/GBPUSD.gif\" alt=\"\" \/><\/p>\n<table style=\"font-size: 11px; width: 500px;\" cellspacing=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td colspan=\"6\" align=\"center\">Important Price Levels<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #999999;\" width=\"20%\" align=\"center\">Resistance<\/td>\n<td style=\"border: 1px solid #999999;\" width=\"16%\" align=\"center\">1.54620<\/td>\n<td style=\"border: 1px solid #999999;\" width=\"16%\" align=\"center\">1.55130<\/td>\n<td style=\"border: 1px solid #999999;\" width=\"16%\" align=\"center\">1.55693<\/td>\n<td style=\"border: 1px solid #999999;\" width=\"16%\" align=\"center\">1.56257<\/td>\n<td style=\"border: 1px solid #999999;\" width=\"16%\" align=\"center\">1.56850<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #999999;\" align=\"center\">Support<\/td>\n<td style=\"border: 1px solid #999999;\" align=\"center\">1.53377<\/td>\n<td style=\"border: 1px solid #999999;\" align=\"center\">1.52813<\/td>\n<td style=\"border: 1px solid #999999;\" align=\"center\">1.51937<\/td>\n<td style=\"border: 1px solid #999999;\" align=\"center\">1.51373<\/td>\n<td style=\"border: 1px solid #999999;\" align=\"center\">1.50810<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp; <\/p>\n<p>&nbsp; <\/p>\n<p>&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By 4XEagleEye.com Down Trend Prices should stay below (1.56160) in order to maintain the bearish outlook.. GBPUSD is facing a selling pressure pushing it down as long as it remains below (1.56160) any four hours close below (1.52813) will open the way for the instrument to test the next support level at (1.51937). Any four &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/08\/25\/gbpusd-a-close-above-1-5616-will-change-instruments-bearish-direction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD: A close above (1.5616) will change instrument\u2019s bearish direction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12375","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=12375"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12375\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=12375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=12375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=12375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}