Weekly Forex Outlook: November 26-30
Weekly Market Moves
Tag - gbp
GBP/USD: pound is under Cloud’s pressure
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
GBP/USD: consolidation under Moving Averages
It's likely that the pair is going to test the nearest support at 1.2852 - 1.2826. The subsequent pullback from this area...
Trading plan for November 23
Get clues on the direction of the US dollar index, EUR/USD, GBP/USD, USD/CAD for November 23.
EUR/GBP: the euro strengthens
On a daily chart of EUR/GBP, bulls almost reached the target of the “Wolfe Waves” pattern.
GBP/USD: consolidation under the 'Rising Wedge'
It's likely that the pair is going to test the next support at 1.2728 - 1.2695. The subsequent pullback from this area could be...
GBP/USD: pound will continue downtrend
Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen.
Trading plan for November 22
How to trade EUR/USD and GBP/USD during the Thanksgiving holidays? Watch the trading plan!
GBP/USD: GBP is weak again
On the daily chart of GBP/USD, bears managed to pull the pair to the bottom line of the triangle.
GBP/USD: 'Rising Wedge' pattern
The price is going to reach the previously tested support at 1.2753 - 1.2728. If a pullback from this area happens next...
GBP/USD: price to test the next resistance
If a pullback from 1.2950 - 1.2953 happens next, bears will probably try to reach the previously tested support...
Trading plan for November 20
Oil and GBP/USD are in focus for today's trading. Find out their key levels from the plan!
