Tag - gbp

Bullish Ichimoku Cloud; rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; but the market is overbought and reached the 2M-resistance.

Bulls faced resistance at 1.2976, so the price is consolidating. Nevertheless, the pair is likely going to...

We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.

Narrow bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but horizontal Tenkan-sen and Kijun-sen; the market is breaking out through the SSB’s resistance and made a new H4-highs.

GBP/USD found a demand area between 1…

The price found resistance at 1.2757, so bears achieved support at 1.2705. In this case, the market is likely going to...

The price found resistance at 1.2757, but bulls are likely going to reach the next resistance at 1.2817 in the short term.

On the GBP/USD daily chart, there is a realization of the Wolfe Waves pattern…

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market is under strong resistance of the 4H-Cloud.

In the absence of the news catalysts over the weekend, the market moves were subdued in Asia today…

Some investors started betting the Bank of England could raise interest rates in August…

There's a consolidation, which is taking place below resistance at 1.2705. So, the pair is likely going to achieve the 34 MA.