Tag - gbp

GBP/USD: market waiting for the Bulls
GBP/USD: market waiting for the Bulls

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market is still on the support of the Cloud.

GBP/USD: bullish
GBP/USD: bullish "Flag" pattern

The pair is likely going to reach the next resistance at 1.3996 - 1.4069. However, if we have a pullback from these levels...

GBP/USD: pound still supported by Cloud
GBP/USD: pound still supported by Cloud

Expanding bullish Ichimoku Cloud, but falling Senkou Span B(!); a golden cross of Tenkan-sen and Kijun-sen; the market supported by Cloud, but the Bulls can’t continue an existing uptrend.

GBP/USD: consolidation above MA
GBP/USD: consolidation above MA

It's likely that the pair is going to test the closest support at 1.3928. However, if a pullback from this level happens...

GBP/USD: pound in green zone
GBP/USD: pound in green zone

Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the positive area and the Bulls looks strong to continue market’s growing.

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