Tag - gbp

There's an opportunity to have a downward correction towards the closest support area at 1.3816 - 1.3799 in the short term...

Recommendation: SELL 1…

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; a market reached the resistance of the Cloud’s bottom border.

We could have a decline towards the nearest support at 1.3799 - 1.3763. If a pullback from this area forms little later on...

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market had entered into the channel Tenkan-Kijun and may correcting to the Kijun’s levels.

It's likely that the pair is going to test the Moving Averages. If a pullback from these lines happens little later on...

Recommendation: BUY 0…

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows and in correctional movement to Tenkan-sen now.

The price is likely going to achieve the nearest resistance at 1.3856 - 1.3875. Meanwhile, this area could be a departure point for...

The pair is making a retracement that has helping to develop some fractals across the board, according to the projections in the H1 chart…

It's likely to have a bullish correction in the short term. However, if we see a pullback from the nearest resistance...

GBP/JPY broke key support level 147…