GBP/USD: price broke 'Triangle'

GBP/USD: price broke 'Triangle'


We've got a 'Triangle', which lower side has been broken. However, it's likely to have a correction towards the closest resistance at 1.3101 - 1.3131 in the short term. This area could be a departure point for a decline in the direction of the next support at 1.3047 - 1.3008.


The market is declining after a few days of consolidation along the Moving Averages. At the same time, there's a bullish 'Thorn' pattern, so the pair is likely going to test the nearest significant resistance at 1.3112. If a pullback from this level happens little later on, bears will probably try to reach another support at 1.3047 - 1.3032.



GBP/USD: another 'V-Top' pattern

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...


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.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera