GBP/USD

The daily chart of the GBP/USD currency pair shows a nice bounce from the bottom of the red pitchfork I'm using for several weeks already, from this yellow trend line and from the 61.8% retracement of the last year's bull run. I like confluence of support!

On the daily chart of the GBP/USD currency pair shows that price clearcly broke below the median line of this red pitchfork, but is finding support from the 50% retracement level of the entire move up.

On the daily chart of the GBP/USD currency pair shows that my swing long is taking some time to mature, but that price is now showing some clear bottoming signs. Swing trading in this chop is boring!

On the daily chart of the GBP/USD currency pair I removed the green pitchfork that was broken several days ago, and added back an old one that has proven useful many times in the past.

The daily chart of the GBP/USD currency pair shows that price finally closed below the lower line of the green pitchfork, which, together with the form of the daily candle, suggests price might be ready to break down further.

The weekly chart of the GBP/USD currency pair shows that price broke below the small red flag shown last week, promising much lower prices, but also shows that price is still comfortably within the large range it has been in for months.

The daily chart of the GBP/USD currency pair shows that price is doing it's best to stay above the yellow trend line. You know it will break, I know it will break .. now if someone would inform the rest I can take some profit on my swing short

This intraday snapshot of the GBP/USD daily chart shows that this currency pair hasn't shown it's hand yet, as price is still stuck in both the red and the green pitchfork, and is currently being held up by the yellow trend line.

The weekly chart of the GBP/USD currency pair shows that the last few weeks price is forming a flag, a continuation signal that will send price much lower should price break below.