GBP/USD: new local high

GBP/USD: new local high


Bulls faced with resistance at 1.4089. Nevertheless, the market is likely going to test the next resistance at 1.4129 - 1.4206 soon. If a pullback from these levels happens little later on, we could have a downward correction.


There's a new local high. Meanwhile, if a pullback from the nearest resistance at 1.4129 happens, there'll be an opportunity to have a bearish correction towards the closest support at 1.4089 - 1.4027.



GBP/USD: bullish 'Doji'

It's likely to have a local upward correction towards the nearest resistance at 1.3030 and the Moving Averages...


Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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