Tag - gbp

GBP/USD: "Thorn" pattern

The main intraday target is the nearest support at 1.3150 - 1.3109. If a pullback from this area happens little later on...

GBP/USD: pound in consolidation under Cloud
GBP/USD: pound in consolidation under Cloud

Bearish Ichimoku Cloud with horizontal lines Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market in consolidation under the bottom border of the Cloud.

GBP/USD: "V-Bottom" pattern

Bears faced support at 1.3087, so there's a "V-Bottom", which pushed the price higher. Nevertheless, if the 34 MA acts as resistance...

GBP/NZD inside a rebound zone
GBP/NZD inside a rebound zone

There is a corrective move in favor of the bears in GBP/NZD and according to our Fibonacci projections, the pair has tested a demand zone around the 61…

GBP/USD: new
GBP/USD: new "Breakaway Gap"

The last "Thorn" pattern has been confirmed by the "Breakaway Gap". So, the market is likely going to test the nearest support area...

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