The main intraday target is the next resistance at 1.2969 - 1.2989. If a pullback from this area happens little later on...
Tag - gbp
Watch the clues on trading GBP/USD, AUD/USD, NZD/USD!
There's a 'V-Bottom', so we're likely going to have an upward correction towards the nearest resistance at 1.2753 - 1.2784...
In the middle of August, the British pound got a boost to turn the downtrend.
On the daily chart of GBP/USD, the 88.6% target of the “Bat” pattern was reached. This situation increases risks of the rebound.
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
The price is likely going to test the next support area at 1.2753 - 1.2737. If a pullback from these levels happens next...
There’s not many news from the economic calendar, as the prices for the pairs are mostly driven by the risk sentiment among the investors on the equity market…
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The main target is the nearest resistance at 1.2870 - 1.2896. A pullback from this area could be a starting point for...
Expanding bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.