Tag - gbp

GBP/USD: 'V-Top' led to decline
GBP/USD: 'V-Top' led to decline

It's likely that the market is going to test the nearest support at 1.3763 - 1.3739, which could be a starting point for a bullish correction...

GBP/USD: pound still on daily Cloud’s support
GBP/USD: pound still on daily Cloud’s support

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market keep staying on the Cloud’s support on daily timeframe.

EUR/GBP stays near a key support zone
EUR/GBP stays near a key support zone

EUR/GBP plummeted across the board during April 26th journey, as the sellers have been actively pushing the pair to the downside and below the 200 SMA at H1 chart…

GBP/USD: local 'V-Top' pattern
GBP/USD: local 'V-Top' pattern

The market is likely going to test the closest support at 1.3873 - 1.3856. Meanwhile, if a pullback from this area happens little later on...

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