Narrow bullish Ichimoku Cloud, horizontal Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen and the Bulls going to breakout an SSA’s resistance.
EUR/GBP rising inside impulse waves 3 and (3) Next buy target - 0…
The pair is moving up and down between resistance at 1.2945 and support at 1.2883.
Bank of America FX Strategy Research notes that GBP has been broadly lower in the aftermath of the BoE decision with some of the main pairs having failed to break through resistance in recent weeks…
The 55 Moving Average has acted as support, so we've got a "Double Bottom" on this line.
The 55 Moving Average is acting as a support. Also, there's a "V-Bottom", so the price is consolidating.
Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud and under the resistance of Senkou Span A.
GBP/JPY reversed from resistance zone Next sell target - 144…
Bulls faced resistance at 1.2995, so the market is likely going to achieve the 34 Moving Average.
Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen over the Cloud; the prices are under the resistance of Tenkan-sen and Kijun-sen.
Bulls found resistance at 1.2995, which pushed the price a little bit lower. Also, we've got a "Rising Wedge".
GBP/CHF broke pivotal resistance level 1…
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