GBP/USD: pound will test SSB’s resistance
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun.
Tag - gbp
GBP/CAD reversed from long-term support level 1.6600
GBP/CAD reversed from long-term support level 1…
GBP/USD: 'V-Top' led to consolidation
It's likely that the pair is going to test the Moving Averages soon. These lines could be a departure point for another bullish rally...
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GBP/USD: developing 'Pennant' pattern
The price is likely going to test the next support at 1.2665 - 1.2661. Meanwhile, if a pullback from the area forms afterwards...
GBP/USD: pound is oversold
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
EUR/GBP reversed from support zone
EUR/GBP reversed from support zone Next buy target - 0…
GBP/USD: developing 'Pennant' pattern
We should keep an eye on the next support at 1.2661 - 1.2614 as a possible departure point for an upward correction...
EUR/GBP: bulls aim for a breakthrough
EUR/GBP can’t leave the consolidation range of 0.87-0.9020. It was formed in line with the “Spike and ledge” pattern.
GBP/USD: 34 Moving Average acted as resistance
The market is likely going to reach the closest support at 1.2665 - 1.2661 shortly...
Trading plan for Aug 16
The USD index rose to the highest level since June 2017 on Wednesday but then pulled back on Thursday.
GBP/USD: pound reached daily support
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
