The market is likely going to test the next resistance at 1.2911 – 1.2945 during the day.
Tag - gbp
We’ve got a “Pennant”, so the market is likely going to achieve the closest resistance at 1.2911 – 1.2945 in the short term.
The pound strengthened to its highest this year after UK Prime Minister Theresa May called for a snap election on June 8, seeking a personal mandate and parliamentary support to take her through tough Brexit talks…
The pound strengthened to its highest this year after UK Prime Minister Theresa May called for a snap election on June 8, seeking a personal mandate and parliamentary support to take her through tough Brexit talks…
The price is consolidating between the levels 1.2865 – 1.2774. The 34 Moving Average is going to act as a support.
On the GBP/USD daily chart, there is a consolidation after a sudden rebound…
Bulls faced a resistance at 1.2951, so we’ve got a “V-Top” pattern, which pushed the price to a support at 1.2774.
Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the local support; but the market is overbought.
GBP/AUD rising inside impulse waves 3 and (3) Next buy target - 1…
GBP/USD broke resistance area Next buy target - 1…
The last wedge was broken, so there was a bullish rally. Finally, the price faced a resistance at 1.2911, so we’ve got a “V-Top” pattern.
GBP/CHF broke pivotal resistance level 1…