Tag - gbp

There's a "Thorn" pattern, which pushed the price to the nearest support at 1.3047 - 1.3032. However, bears are likely going to...

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; the market is out from the overbought area soon and may go higher.

The Moving Averages have acted as support, so the price is rising, but bulls faced with resistance at 1.3032 - 1.3047.

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are breaking out the Cloud’s resistance and may go higher.

Recommendation: SELL 1…

GBP/USD broke round resistance level 1…

Bears faced with support at 1.2916, so the price is consolidating. Also, there's a "Flag" pattern, so the market is likely going to...

The sterling remains under the negative impact of uncertainty over Britain’s exit from the European Union…

Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is supported by Tenkan and Kijun.

Bulls found resistance at 1.2985, so we've got a "V-Top" pattern, which has been confirmed. If the 89 Moving Average acts as support...

GBP/CAD falling inside minor impulse wave 5 Next sell targets - 1…

In line with our expectations, GBP/USD tried to recover but remained limited by the key psychological level of 1…