Tag - gbp

We've got a "V-Top", so the price is consolidating. The main intraday target is the closest resistance at 1.3408 - 1.3430...

Last week the British pound managed to touch a 6-month high versus the euro but had worse luck against the US dollar…

Bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices in a cloudy area but there is a strong support on 1.3380.

It's likely that the market is going to reach the closest support at 1.3336 - 1.3319. If a pullback from this area arrives afterwards...

EUR/GBP reversed from support area Next buy target - 0…

The price is likely going to test the nearest resistance at 1.3549 - 1.3569. If a pullback from this area happens...

Recommendation: SELL 0…

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GBP/AUD reversed from support zone Next buy target - 1…

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market is in correction movement to bottom border of the Cloud.

The price is consolidating along the 34 MA. Considering that there's a "Double Top" pattern, the market is likely going to...

GBP/JPY reversed from resistance zone Next sell target - 147…