We've got a "Double Top" pattern, which has been confirmed by the last "Flag". The 55 Moving Average acted as support.
Tag - gbp
There's a possible "V-Bottom" pattern, so the market is likely going to rise towards resistance at 1.3023.
GBP/USD was fluctuating around 1…
In the coming days, don’t miss British manufacturing production on Tuesday…
GBP/AUD rising inside sharp C-wave Next buy target - 1…
There's a "Double Top", but bears couldn't move on because of support by the 34 Moving Average.
Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen in a Cloud; the prices are on the support of Cloud, but the bulls are weak.
We’ve got a “Double Top”, which has been confirmed by the last “Pennant”. The 89 Moving Average is acting as a support.
Commerzbank Commerzbank’s analysts remain their neutrally positive technical outlook for GBP/USD in the short-term…
The last “Exhaustion Gap” has been closed, so we’ve got a “V-Top” pattern.
On the GBP/USD daily chart, bulls managed not only to push quotes beyond the 1…
Expanding bullish Ichimoku Cloud, rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen; the prices are on the support of the lines Tenkan-sen and Kijun-sen; the market is in consolidation, may go lower to the Cloud.