Tag - gbp

The price is consolidating along the Moving Averages. Considering the double pullback from resistance at 1.2913...

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen under the Cloud; the market can’t breaking out the Cloud’s resistance.

GBP/AUD reversed from combined support zone Next buy target - 1…

The price faced resistance at 1.2913, so we've got a "V-Top" pattern, which pushed the price lower.

Recommendation: BUY 1,2865 SL 1,281 TP 1,3025, SELL 1,28 SL 1,2855 TP 1,264…

There's a consolidation, which is taking place on the four-hours chart. Moreover, we've got a "Flag".

The pair faced support at 1.2755, so there's a "Double Bottom", which has been confirmed.

The last upward trend has been broken, so the price meet with support at 1.2755, which led to forming a "V-Bottom" pattern.

EUR/GBP reached buy target 0…

GBP/NZD broke daily up channel Next sell target - 1…

The British pound dropped in the past week on UK election jitters and weak economic fundamentals…

The price faced support at 1.2865, but the market is likely going to continue falling down in the direction of the next support.