Tag - gbp

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

The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward "Wedge", so the pair is...

GBP/USD: pound supported inside Cloud
GBP/USD: pound supported inside Cloud

Narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the prices are on the strong support inside a Cloud.

GBP/USD: bearish
GBP/USD: bearish "Pennant"

There's a downward "Wedge", so the market is likely going to decline towards the nearest support at 1.3328 - 1.3278...

GBP/USD: bears entered into Cloud
GBP/USD: bears entered into Cloud

Bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with the falling lines; the market entered into the cloudy area and may go lower to the support of Senkou Span B.

GBP/USD: ready to go
GBP/USD: ready to go

Bullish Ichimoku Cloud with rising Senkou Span B; a correctional dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market supported by the Cloud and ready to make the new highs.

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