Tag - gbp

GBP/USD: pound reached 3W-highs
GBP/USD: pound reached 3W-highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market is growing up and reached 3W-highs, but inside a overbought area on daily timeframe.

GBP/USD: pound is overbought
GBP/USD: pound is overbought

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is growing up but overbought now and under the main 4H-resistance.

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…

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