The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
Tag - gbp
On the GBP/USD daily chart, the pound is at a stalemate…
The price is consolidating near the last "Pennant" pattern. Also, there's support at 1.2817. In this case, the price is likely going to...
EUR/GBP broke key resistance level 0…
Bears faced support on the 55 MA, so we've got a "V-Bottom" pattern, which has been confirmed. In this case, bulls are likely going to...
The British pound fell against the US dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…
Technical levels: support – 1…
GBP/AUD managed to reach the 200 SMA at H4 chart, but it was sold-off in a supply zone established by our Fibonacci projections…
The British pound fell against the dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…
The price found support at 1.2860, so we've got a "Triple Top", which led to decline to the 89 Moving Average. Also, there's a developing "Flag" pattern...
There's a "Triple Top", which pushed the price to support at 1.2947. So, the pair is likely going to decline in the direction of...
On the GBP/USD daily chart, there is a unique situation…