Tag - gbp

GBP/USD: bearish
GBP/USD: bearish "Pennant"

The price is consolidating between the levels 1.3032 - 1.3047. Also, there's a "Flag" pattern, so bears are likely going to...

GBP/USD: bears can reach new lows
GBP/USD: bears can reach new lows

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices on the strong support, but the Bears can breakdown it to 1.2910.

GBP/USD: developing
GBP/USD: developing "Triangle"

The price is consolidating near the 89 Moving Average. Also, there are two bullish "Thorn" patterns in a row, so...

GBP/USD: pound is in consolidation under Cloud
GBP/USD: pound is in consolidation under Cloud

Bearish Ichimoku Cloud with horizontal borders; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel of the lines; the bears can’t breaking down the support of 1.2980.

GBP/USD: bearish
GBP/USD: bearish "Flag"

There's a consolidation, which is taking place near the 89 Moving Average. Also, there's a possible developing "Flag" pattern, so...

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