Tag - gbp

We've got a bullish "Thorn", so the price is consolidating. In this case, we should keep an eye on the nearest support at 1.2705.

GBP/CHF reversed from resistance zone Next sell target - 1…

The last upward "Wedge" has been broken, so the pair plunged like a stone. Finally, bears meet with support at 1.2634.

The pound slumped to 1…

Bulls faced resistance at 1.2964, so the price is consolidating. Meanwhile, we've got a "Flag" pattern.

Narrow bullish Ichimoku Cloud and horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are under strong 3-week’s resistance.

The price hasn't broken resistance at 1.2932, so bears are likely going to test support at 1.2887 in the coming hours.

GBP/NZD reached sell target 1…

Bulls faced resistance at 1.2945, so the pair is likely going to achieve the closest support at 1.2901 in the short term.

Narrowing bearish Ichimoku Cloud and horizontal Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen under the Cloud; the prices broke the Cloud’s resistance and entered into the positive area.

We've got a bullish "Triangle", so we should keep an eye on the next resistance at 1.2935 - 1.2952 as an intraday target.

Sterling was really volatile in the course of the past week as we approach the general election on 8 June…