Tag - gbp

The British pound gained as more members of the Bank of England monetary policy committee voted for the rate increase…

There's a developing "Rising Wedge", so the price faced resistance on the 34 Moving Average.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a correctional golden cross of Tenkan-sen and Kijun-sen; the prices returned to Cloud again and the Bulls can try to breakout its resistance.

 The Bank of England published its latest views on interest rates and monetary policy setting earlier today…

The 34 Moving Average has acted as resistance, so there's a "V-Top" pattern, which has confirmation.

We've got a "Double Bottom", which has been confirmed. Bulls faced resistance at 1.2793.

On the daily chart, GBP/USD broke down through the lower border of the rising trend channel…

The price is consolidating between the levels 1.2678 - 1.2634. Also, there's a "Pennant" pattern.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; but the prices are on the strong support and a market is oversold.

GBP/USD broke support zone Next sell target - 1…

EUR/GBP reached buy target 0…

The US dollar index recovered last week from 96…