Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with falling Tenkan-sen; the prices in a cloudy area on the support of Senkou Span B.
Tag - gbp
GBP/USD remains supported by the Fibonacci zone of 65% at 1…
We've got a "V-Top", so the price is consolidating. The main intraday target is the closest resistance at 1.3408 - 1.3430...
Last week the British pound managed to touch a 6-month high versus the euro but had worse luck against the US dollar…
Bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices in a cloudy area but there is a strong support on 1.3380.
It's likely that the market is going to reach the closest support at 1.3336 - 1.3319. If a pullback from this area arrives afterwards...
EUR/GBP reversed from support area Next buy target - 0…
The price is likely going to test the nearest resistance at 1.3549 - 1.3569. If a pullback from this area happens...
Recommendation: SELL 0…
GBP/AUD reversed from support zone Next buy target - 1…
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market is in correction movement to bottom border of the Cloud.