{"id":16201,"date":"2010-12-02T22:25:24","date_gmt":"2010-12-03T03:25:24","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=16201"},"modified":"2010-12-02T22:25:24","modified_gmt":"2010-12-03T03:25:24","slug":"gbpusd-formed-a-cycle-bottom-at-1-5484","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/12\/02\/gbpusd-formed-a-cycle-bottom-at-1-5484\/","title":{"rendered":"GBPUSD formed a cycle bottom at 1.5484"},"content":{"rendered":"<p>GBPUSD has formed a cycle bottom at 1.5484 level on 4-hour chart. Now the price action from 1.5484 is treated as consolidation of downtrend. Bounce towards the upper border of the price channel would likely be seen in a couple of days. As long as the channel resistance holds, downtrend is expected to resume and another fall to 1.5300-1.5400 area is still possible.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/12\/20101203_gbpusd_1.gif\" alt=\"gbpusd\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Daily Forex Signals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD has formed a cycle bottom at 1.5484 level on 4-hour chart. Now the price action from 1.5484 is treated as consolidation of downtrend. Bounce towards the upper border of the price channel would likely be seen in a couple of days. As long as the channel resistance holds, downtrend is expected to resume and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/12\/02\/gbpusd-formed-a-cycle-bottom-at-1-5484\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD formed a cycle bottom at 1.5484&#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-16201","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16201","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=16201"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16201\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=16201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=16201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=16201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}