The Moving Averages have acted as support, so the price is rising, but bulls faced with resistance at 1.3032 - 1.3047.
Tag - gbp
Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are breaking out the Cloud’s resistance and may go higher.
Recommendation: SELL 1…
GBP/USD broke round resistance level 1…
Bears faced with support at 1.2916, so the price is consolidating. Also, there's a "Flag" pattern, so the market is likely going to...
The sterling remains under the negative impact of uncertainty over Britain’s exit from the European Union…
Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is supported by Tenkan and Kijun.
Bulls found resistance at 1.2985, so we've got a "V-Top" pattern, which has been confirmed. If the 89 Moving Average acts as support...
GBP/CAD falling inside minor impulse wave 5 Next sell targets - 1…
In line with our expectations, GBP/USD tried to recover but remained limited by the key psychological level of 1…
We've got a "V-Bottom" pattern, so the price reached the 89 Moving Average. In this case, we could have...
Recommendations: BUY 0…