Tag - gbp

GBP/USD: pound bounced from Cloud
GBP/USD: pound bounced from Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; a market reached the resistance of the Cloud’s bottom border.

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

We could have a decline towards the nearest support at 1.3799 - 1.3763. If a pullback from this area forms little later on...

GBP/USD: pound is inside a channel Tenkan-Kijun
GBP/USD: pound is inside a channel Tenkan-Kijun

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market had entered into the channel Tenkan-Kijun and may correcting to the Kijun’s levels.

GBP/USD: pound corrected to Tenkan-sen
GBP/USD: pound corrected to Tenkan-sen

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows and in correctional movement to Tenkan-sen now.

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

The price is likely going to achieve the nearest resistance at 1.3856 - 1.3875. Meanwhile, this area could be a departure point for...

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