Tag - gbp

GBP/USD: developing
GBP/USD: developing "Triangle"

The price is consolidating near the 89 Moving Average. Also, there are two bullish "Thorn" patterns in a row, so...

GBP/USD: pound is in consolidation under Cloud
GBP/USD: pound is in consolidation under Cloud

Bearish Ichimoku Cloud with horizontal borders; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel of the lines; the bears can’t breaking down the support of 1.2980.

GBP/USD: bearish
GBP/USD: bearish "Flag"

There's a consolidation, which is taking place near the 89 Moving Average. Also, there's a possible developing "Flag" pattern, so...

GBP/USD: bullish
GBP/USD: bullish "Thorn"

There's a "Double Bottom", so the price is rising. The main target is the nearest resistance at 1.3069 and the 55 MA.

GBP/USD: pound entered into negative area
GBP/USD: pound entered into negative area

Narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the bears are breaking down SSB’s support and going to 3W-lows.

GBP/USD: bearish
GBP/USD: bearish "Flag" pattern

The price is consolidating under the broken downtrend. The 89 Moving Average is acting as support, but bears are likely going to...

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