Tag - gbp

GBP/USD: 'V-Bottom' pattern
GBP/USD: 'V-Bottom' pattern

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...

GBP/USD: going to 1Y-lows
GBP/USD: going to 1Y-lows

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: 'V-Top' led to decline
GBP/USD: 'V-Top' led to decline

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...

GBP/USD: pound still on daily Cloud’s support
GBP/USD: pound still on daily Cloud’s support

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.

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