{"id":24890,"date":"2011-11-01T21:05:53","date_gmt":"2011-11-02T01:05:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=24890"},"modified":"2011-11-01T21:05:53","modified_gmt":"2011-11-02T01:05:53","slug":"gbpusd-is-facing-1-5891-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/11\/01\/gbpusd-is-facing-1-5891-support\/","title":{"rendered":"GBPUSD is facing 1.5891 support"},"content":{"rendered":"<p>GBPUSD is facing 1.5891 support, as long as this level holds, the fall from 1.6164 is treated as consolidation of uptrend from 1.5272, and another rise to 1.6250-1.6300 area is still possible. However, a breakdown below 1.5891 will indicate that a cycle top has been formed at 1.6164 on 4-hour chart, then lengthier consolidation of uptrend could be seen, and the trading range would be between 1.5800 and 1.6164.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2011\/11\/20111102_gbpusd_1.gif\" alt=\"gbpusd\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Forex Signals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD is facing 1.5891 support, as long as this level holds, the fall from 1.6164 is treated as consolidation of uptrend from 1.5272, and another rise to 1.6250-1.6300 area is still possible. However, a breakdown below 1.5891 will indicate that a cycle top has been formed at 1.6164 on 4-hour chart, then lengthier consolidation of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/11\/01\/gbpusd-is-facing-1-5891-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBPUSD is facing 1.5891 support&#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-24890","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24890","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=24890"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24890\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=24890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=24890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=24890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}