Bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen; the market is supported by the Cloud.
Tag - gbp
The price is consolidating near the 89 Moving Average, so bulls are likely going to test the nearest resistance at 1.2964 - 1.2976.
EUR/GBP is very close to a strong buy zone that has been formed during recent days, as the pair is following a bullish bias…
GBP/USD falling inside intermediate impulse wave (3) Next sell target - 1…
The price is moving up and down between the Moving Averages. It seems like bears are ready to reach the next support.
The price is consolidating between the 34 & 55 Moving Averages. So, bulls are likely going to reach the closest resistance.
The price is consolidating between the levels 1.3046 - 1.2976. Also, we've got two "V-Top" patterns in a row, so the pair is likely going to...
GBP/JPY rising inside minor impulse wave (iii) Next buy target - 148…
Sterling erased its post-election losses and rose to 1…
Sterling erased its post-election losses and rose to 1…
Bulls faced resistance at 1.3013, so the pair is likely going to achieve the nearest support at 1.2976 - 1.2964.
On the GBP/USD daily chart, the realization of the pattern Wolfe Waves pattern continues…