Tag - gbp

GBP/USD:
GBP/USD: "Pennant" pattern

The price is consolidating along the 34 MA. Considering that there's a "Double Top" pattern, the market is likely going to...

GBP/USD:
GBP/USD: "Double Top" pattern

The pair is likely going to decline in the direction of the closest support at 1.3336. If we have a pullback from this level, there'll be a moment...

GBP/USD:
GBP/USD: "Double Top" pattern

The price is likely going to reach the nearest support at 1.3386 - 1.3363 in the coming hours. If a pullback from this area happens afterwards...

GBP/USD: pound in correction to Kijun
GBP/USD: pound in correction to Kijun

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the market is in correction phase and may testing Kijun’s support.

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