Tag - gbp

GBP/USD: pound growing in positive area
GBP/USD: pound growing in positive area

Cancelled bearish Ichimoku Cloud with rising Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the market had returned to positive zone and may continue uptrend from the Senkou Span A’s levels.

GBP/USD testing a key demand zone
GBP/USD testing a key demand zone

There is an interesting price action in the GBP/USD pair across the board, as the 200 SMA at H1 chart is moving into the Fibonacci area of 50% at 1…

GBP/USD: main trend is still bullish
GBP/USD: main trend is still bullish

It's likely that the market is going to test the 34 Moving Average soon. A pullback from this line could be a departure point for a decline...

GBP/USD: 'Flag' pattern
GBP/USD: 'Flag' pattern

The pair is likely going to test the closest support at 1.3982 - 1.3228. Meanwhile, if a pullback from this area forms little later on...

GBP/USD: pound supported by Kijun-sen
GBP/USD: pound supported by Kijun-sen

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen. 

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