Tag - gbp

GBP/USD: pound is overbought
GBP/USD: pound is overbought

Bullish Ichimoku Cloud; rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; but the market is overbought and reached the 2M-resistance.

GBP/USD: confirmed
GBP/USD: confirmed "Double Top"

We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.

GBP/USD: bulls made new local highs
GBP/USD: bulls made new local highs

Narrow bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but horizontal Tenkan-sen and Kijun-sen; the market is breaking out through the SSB’s resistance and made a new H4-highs.

GBP/USD: pound is under Cloud’s resistance
GBP/USD: pound is under Cloud’s resistance

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market is under strong resistance of the 4H-Cloud.

Morning brief for June 26
Morning brief for June 26

In the absence of the news catalysts over the weekend, the market moves were subdued in Asia today…

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