GBP/CAD rising inside intermediate impulse wave (3) Next buy targets - 0…
Tag - gbp
There’s a “V-Top” pattern, which has been confirmed. Also, we’ve got a bearish “Flag”.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are under daily resistance; the local market is overbought.
On the GBP/USD daily chart, the realization of "Splash and ledge" pattern on the basis of 1-2-3 continues…
The price faced a support at 1.2506, so there’s a consolidation, which is taking place on the four-hours chart.
Sterling surged to 1…
Sterling surged to 1…
There’s a “Double Top”, so the price reached the 34 Moving Average. Therefore, bears are likely going to reach a support at 1.2477 – 1.2469.
The last “Wedge” has been broken, so the market is likely going to test the nearest resistance at 1.2595 – 1.2614.
If I asked you who is the main stirrer-up of markets…
The British pound is hovering around key resistance line at 1…
The last “Triangle” has been transformed into a downward “Wedge”. So, bulls are likely going to test a resistance at 1.2522 – 1.2557.