Tag - gbp

GBP/USD: bears can't stop
GBP/USD: bears can't stop

The price is still declining. The main bearish target is the nearest support at 1.3017 - 1.2994. If a pullback from this area...

GBP/USD: breakdown of support
GBP/USD: breakdown of support

Expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and  Kijun-sen; the prices are breakdown the main support of the Cloud and entered into the negative area.

GBP/USD:
GBP/USD: "Triple Bottom"

Bears faced with support at 1.3223, so there's a "Triple Bottom", which pushed the price to the closest resistance...

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

There's a "Double Bottom", which has been confirmed. So, the main intraday target is the nearest resistance at 1.3328. However...

GBP/USD: pound bounced from SSB’s
GBP/USD: pound bounced from SSB’s

Narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal Tenkan-sen and  Kijun-sen; the prices are reached the SSB’s support and bounced inside Cloud.

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