Weekly Forex Outlook: May 21-25
The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
Tag - gbp
Forex today: a lot of news
The greenback is continuing to rise. The US dollar index has almost reached the level of $94.
GBP/USD: pound going lower
Bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the market breaking down the main daily supports and will continue the downtrend.
GBP/NZD reversed from resistance zone
GBP/NZD reversed from resistance zone Next sell target - 1…
GBP/USD: pair consolidating under Moving Averages
The pair is likely going to test the next support at 1.3457 - 1.3419. Meanwhile, a pullback from this area could be a starting point...
EUR/GBP: pound is chasing a bat
On the daily chart of EUR/GBP, bears managed to seize the initiative and brought the pair to the lower border of the medium-term consolidation range (0.8695-0.9015). If the pair triggers the “Bat” pattern, the odds of it going to its 88.6% target at 0.8635 will increase.
Trading plan for May 18
On Wednesday, the US dollar index failed to close at $93…
GBP/USD: local 'V-Top' pattern
The market is likely going to test the next support at 1.3457 - 1.3419 soon...
Forex today: greenback’s uncertainties
On Wednesday, the US dollar failed to close at $93…
UK stocks conclude up
On Wednesday, the British stock market concluded the trading session up due to the strengthening sectors of mining, wood processing and software and computer services…
British pound gets back to the year’s minimum due to Brexit concerns
On Wednesday, the British pound headed south, demonstrating the lowest reading since the beginning of the year versus its key rival - the evergreen buck…
GBP/USD: price declining because of 'V-Top' pattern
It's likely that the pair is going to achieve the closest support at 1.3396 - 1.3380 soon. A pullback from this area could be a starting point for...
