Tag - gbp

GBP/USD:
GBP/USD: "Double Bottom" pattern

Bears faced support on the 55 MA, so we've got a "V-Bottom" pattern, which has been confirmed. In this case, bulls are likely going to...

GBP/USD: forecast for July 10-14
GBP/USD: forecast for July 10-14

The British pound fell against the US dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…

GBP/AUD inside a strong sell zone
GBP/AUD inside a strong sell zone

GBP/AUD managed to reach the 200 SMA at H4 chart, but it was sold-off in a supply zone established by our Fibonacci projections…

GBP/USD: outlook for July 10 -14
GBP/USD: outlook for July 10 -14

The British pound fell against the dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…

GBP/USD:
GBP/USD: "V-Bottom" pattern

The price found support at 1.2860, so we've got a "Triple Top", which led to decline to the 89 Moving Average. Also, there's a developing "Flag" pattern...

GBP/USD: consolidation near 89 MA
GBP/USD: consolidation near 89 MA

There's a "Triple Top", which pushed the price to support at 1.2947. So, the pair is likely going to decline in the direction of...

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