Tag - gbp

GBP/CHF is trying to rebound
GBP/CHF is trying to rebound

On W1, GBP/CHF is trading in a descending wedge. The pair recoiled from the pattern’s lower border and turned up.

GBP/USD: 'V-Top' pattern
GBP/USD: 'V-Top' pattern

The market is likely going to test the nearest support at 1.2796 - 1.2772. Meanwhile, if a pullback from these levels happens next...

GBP/USD: local 'Pennant' pattern
GBP/USD: local 'Pennant' pattern

The market is going to test the nearest support at 1.2706 - 1.2695. Meanwhile, a pullback from this level could lead to a bullish rally...

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