Recommendation: BUY 1…
Tag - gbp
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.
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...
Last week GBP/USD managed to stay above the support line since the start of the year…
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…
The last "Thorn" pattern has been confirmed by the "Breakaway Gap". So, the market is likely going to test the nearest support area...
EUR/GBP has been moving in a sideways range inside a demand zone established by our Fibonacci’s projections…
The pair is likely going to reach the nearest resistance area at 1.3182 - 1.3205 during the day...
Recommendation: BUY 0…
The pair is likely going to test the 55 Moving Average soon. If we have a pullback from this line, bears will probably try to...
Expanding bearish Ichimoku Cloud, falling Senkou Span A; an irregular golden cross of Tenkan-sen and Kijun-sen; the market returned to Tenkan-sen in a local correction movement.
The 34 MA has acted as resistance twice, so the market is likely going to achieve the closest support at 1.3120 - 1.3081...