Tag - gbp

GBP/USD: correction expected
GBP/USD: correction expected

Expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.

UK currency slumps
UK currency slumps

On Wednesday, the British pound dived following reports of a probable leadership challenge to UK Prime Minister Theresa May…

GBP/USD: pound stays on the shelf
GBP/USD: pound stays on the shelf

On the daily chart, bulls are trying to bring GBP/USD outside of the 1.2785-1.3050 consolidation range. It was formed in line with a “Spike and ledge”.

British pay surge beats estimates
British pay surge beats estimates

For the three months to July, UK employees’ wages excluding bonuses rallied faster than anticipated, demonstrating a rate, which hasn’t been surpassed for three years because British companies found it more difficult to hire new staff members…

GBP/USD: the Bulls are in game
GBP/USD: the Bulls are in game

Bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal.

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