Tag - gbp

Weekly Forex Outlook: Jan. 29 - Feb. 2
Weekly Forex Outlook: Jan. 29 - Feb. 2

The US dollar made a spectacular decline last week as American Treasury Secretary Steven Mnuchin said that a weaker dollar is good for American trade…

GBP/USD: pound in consolidation inside Tenkan-Kijun
GBP/USD: pound in consolidation inside Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; a market returned into channel Tenakn-Kijun and may bounced from Kijun-sen to the positive area.

GBP/USD: pound may go higher
GBP/USD: pound may go higher

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; a market returned to the support of Kijun-sen and may continue an uptrend.

GBP/USD: new local high
GBP/USD: new local high

If a pullback from the nearest resistance at 1.4129 happens, there'll be an opportunity to have a bearish correction...

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