Tag - gbp

GBP/USD: ready to go
GBP/USD: ready to go

Bullish Ichimoku Cloud with rising Senkou Span B; a correctional dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market supported by the Cloud and ready to make the new highs.

GBP/USD: bullish
GBP/USD: bullish "Pennant"

The price is consolidating between the levels 1.3652 - 1.3444. Tha main intraday target is the nearest resistance at 1.3625 - 1.3681...

GBP/USD: positive sentiments returned to market
GBP/USD: positive sentiments returned to market

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the Bulls are gaining the strength and returned the prices above Kijun-sen.

GBP/USD: 55 MA acted as support
GBP/USD: 55 MA acted as support

There's a "Double Top", but the price is consolidating. It's likely that bears are going to reach the nearest support at 1.3374...

GBP/USD: bearish
GBP/USD: bearish "Double Top"

The 34 MA has acted as support, so there's a local bullish price movement, which could turn out to be a "Flag" pattern.

GBP/USD: pound is overbought
GBP/USD: pound is overbought

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; but the market is overbought – waiting for the correction.

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