Tag - gbp

GBP/CHF reversed from support area Next buy target - 1…

Bulls faced resistance at 1.3057, so the price is consolidating. Meanwhile, the pair is likely going to achieve resistance at 1.3077.

Recommendations: BUY 1…

Bullish Ichimoku Cloud with rising Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are on the support of the Cloud and Tenkan-sen.

GBP/USD is now finding support around a key Fibonacci zone between the 50% and 65% levels…

GBP/USD reversed the support area Next buy target - 1…

The British pound failed to continue the rally versus its US counterpart during the past week, despite the broad weakness of the greenback…

There's a consolidation, which is taking place near the 55 Moving Average. The main intraday target is resistance at 1.3057 - 1.3077.

The price faced support at 1.2926, so there's a "Thorn" pattern. In this case, the pair is likely going to reach the nearest resistance.

Bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span A.

Bears faced support at 1.3006, so the price is consolidating. The market is likely going to decline towards the 34 & 55 MA.

GBP/USD is looking for a very interesting Fibonacci area where buyers could appear…