If a pullback from the nearest support 1.3070 happens next, we're going to have an upward correction towards the 34 Moving Average...
Tag - gbp
On the daily chart, EUR/GBP is retesting the upper border of the 0.87-0.89 consolidation range.
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
The market is likely going to test the 34 MA shortly. A pullback from this line could be a starting point for an upward price movement...
It's likely to have a correction in the short term. So, we should keep an eye on the nearest support at 1.3127 as a possible starting point for...
On the daily chart of GBP/USD, the pair keeps reaching targets of the “Wolfe waves” pattern.
Bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal.
EUR/GBP broke key support level 0…
We've got a local 'Double Bottom', so the price is likely going to test the next resistance at 1.3189...
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The main intraday target is the next resistance at 1.3189 - 1.3216. If a pullback from these levels happens next...
Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun.