Tag - gbp

GBP/USD: bullish
GBP/USD: bullish "Flag"

All the Moving Averages have been broken, so bulls faced resistance at 1.2958. Nevertheless, the price is likely going to...

GBP/USD:
GBP/USD: "Exhaustion Gap"

The 55 Moving Average has acted as resistance, so we've got a "V-Top" pattern on this line. Therefore, bears are likely going to...

GBP/USD: bulls entered into Cloud
GBP/USD: bulls entered into Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the Bulls entered into the cloudy area and may go to 3W-highs.

GBP/USD: broken
GBP/USD: broken "Flag"

Bears faced support at 1.2768, so the price is consolidating. In this case, we should keep an eye on the nearest resistance...

GBP/USD: pound is oversold
GBP/USD: pound is oversold

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, with falling lines; the local market is oversold, waiting for correction to Tenkan-sen.

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