Tag - gbp

It's likely that the pair is going to achieve the closest support at 1.3396 - 1.3380 soon. A pullback from this area could be a starting point for...

British pound keeps consolidating, but we are getting ready for a breakthrough. There are two trade signals to consider.

Bearish Ichimoku Cloud with falling Senkou Span A and B; a new, but weak dead cross of Tenkan-sen and Kijun-sen

On Monday, the US dollar managed to gain a foothold and rebounded after a 3-day fall…

We're likely going to have a local downward correction soon, but then bulls will probably try to test the 55 Moving Average...

In the middle of the last week, the US dollar ended its rally and turned around…

It's likely that the market is going to test the closest support at 1.3549 - 1.3531 within the next few hours...

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the continue testing the Cloud’s resistance.

GBP/USD is currently trading within a tight range across the board and is on the way to make a break lower, but before that, we can expect further bullish corrective moves…

The price is moving sideways. Even so, after a short break, the pair is likely going to achieve the next resistance at 1.3606...

Recommendations: BUY 0…

Here’s a Forex trading plan for Friday, May 11, 2018…