The market is likely going to test the closest trendline. If a pullback from this level forms little later on, bears will probably try to deliver...
Tag - gbp
We're likely going to have an upward correction because of the last 'Double Bottom' pattern...
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are on the new lows for last three weeks.
GBP/USD broke key support level 1…
If a pullback from the closest support at 1.3656 happens little later on, there'll be time for an upward correction...
The market is likely going to reach the nearest support at 1.3711. A pullback from this level could be a departure point...
GBP/CAD broke support zone Next sell target - 1…
GBP/NZD reversed from resistance zone Next sell target - 1…
It's likely that the market is going to test the nearest support at 1.3763 - 1.3739, which could be a starting point for a bullish correction...
Recommendation: SELL 0…
Weekly Forex Outlook: May 1-4…
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market keep staying on the Cloud’s support on daily timeframe.