The pair is likely going to achieve the nearest resistance at 1.4095 - 1.4133 soon...
Tag - gbp
GBP/USD is trading inside a bearish correction across the board and it managed to do a crossover between the 50 and the 200-hour moving average, which is helping to boost the bears to the downside…
The main intraday target is the nearest resistance at 1.4144, which could be a departure point for a downward price movement...
Recommendation: SELL 0…
Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a correctional dead cross of Tenkan-sen and Kijun-sen; the prices entered inside a Cloud and can test the support of Senkou Span B.
EUR/GBP reversed from support zone Next buy target - 0…
GBP/CAD reversed from resistance area Next sell target - 1…
The pair is likely going to reach the nearest support at 1.3982 - 1.3928 in the short term...
We should keep on track the nearest support at 1.4027. If a pullback from this area happens little later on...
Recommendation: BUY 1…
Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen was cancelled, but the prices above the strong support of the lines.
The market is likely going to test the nearest support at 1.4144. However, if we see a pullback...