Tag - gbp

GBP/AUD broke support area Next sell target - 1…

There's a "Double Top", which has been confirmed. Therefore, the pair is likely going to test the support at 1.2982 in the short term.

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are in the channel of Tenkan-Kijun and supported by Kijun-sen.

Recommendation: SELL 1…

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices made a new local highs and corrected to Kijun-sen.

Analysts at Citi recommend buying GBP/JPY at 147…

There's a consolidation, which is taking place near resistance at 1.3116. In this case, bulls are likely going to deliver a new local high.

There's a bearish "High Wave", which has been confirmed enough. So, the market is likely going to test the lower "Window".

The Federal Reserve Chair Yellen’s testimony knocked down the US dollar…

The price found resistance at 1.3119, so we've got a "V-Top" pattern. The main intraday target is the nearest support at 1.3057 - 1.2032.

The price has broken the downtrend, but bulls faced resistance at 1.2967. Nevertheless, we're likely going to see the price even higher.

Bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices breaking out the resistance of Senkou Span A and entered to the positive area; waiting for the new local highs.