Tag - gbp

The price is still consolidating. However, there's a "Triple Top" pattern, which has been confirmed, but bears faced support...

The price found resistance at 1.3234, so we should keep an eye on the nearest support at 1.3158 as an intraday bearish target.

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; but the market is under strong daily resistance.

GBP/USD broke key resistance level 1…

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Recommendations: SELL 1…

There's a consolidation, which is taking place between the levels 1.3158 - 1.3116. Also, there's a "Double Top" pattern, so...

Bulls faced resistance at 1.3137, so there's a "Double Top" pattern, which pushed the price to support at 1.3057. It's likely that...

There's a "V-Top" pattern, which led to consolidation. Therefore, the pair is likely going to decline towards the closest support.

The price is consolidating. Also, we've got a "V-Top" pattern, so the market is likely going to test the 34 Moving Average in the short term.

Bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are on the support of Kijun-sen.

GBP/JPY managed to break a bearish trend line projected since July 17th session and it’s now looking for a consolidation above the 200 SMA at H1 chart…