{"id":13631,"date":"2010-10-03T20:33:15","date_gmt":"2010-10-04T00:33:15","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13631"},"modified":"2010-10-03T20:33:15","modified_gmt":"2010-10-04T00:33:15","slug":"gbpusd-rebounded-from-1-5669","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/03\/gbpusd-rebounded-from-1-5669\/","title":{"rendered":"GBPUSD rebounded from 1.5669"},"content":{"rendered":"<p>After touching the lower border of the rising price channel on 4-hour chart, GBPUSD rebounded from 1.5669. Range trading between 1.5669 and 1.5921 is expected in a couple of days. As long as 1.5669 support holds, the price action in the trading range is treated as consolidation of uptrend from 1.5296, and another rise towards 1.5997 (Aug 6 high) is possible. However, a breakdown below 1.5669 will indicate that the rise from 1.5296 has completed at 1.5921 already, then the following downward move could bring price back to 1.5200 area.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/10\/20101004_gbpusd_1.gif\" alt=\"gbpusd\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Daily Forex Analysis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After touching the lower border of the rising price channel on 4-hour chart, GBPUSD rebounded from 1.5669. Range trading between 1.5669 and 1.5921 is expected in a couple of days. As long as 1.5669 support holds, the price action in the trading range is treated as consolidation of uptrend from 1.5296, and another rise towards &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/10\/03\/gbpusd-rebounded-from-1-5669\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD rebounded from 1.5669&#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-13631","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13631","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=13631"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}