Tag - gbp

The Federal Reserve Chair Yellen’s testimony knocked down the US dollar…

The price found resistance at 1.3119, so we've got a "V-Top" pattern. The main intraday target is the nearest support at 1.3057 - 1.2032.

The price has broken the downtrend, but bulls faced resistance at 1.2967. Nevertheless, we're likely going to see the price even higher.

Bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices breaking out the resistance of Senkou Span A and entered to the positive area; waiting for the new local highs.

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

On the GBP/USD daily chart, the pound is at a stalemate…

The price is consolidating near the last "Pennant" pattern. Also, there's support at 1.2817. In this case, the price is likely going to...

EUR/GBP broke key resistance level 0…

Bears faced support on the 55 MA, so we've got a "V-Bottom" pattern, which has been confirmed. In this case, bulls are likely going to...

The British pound fell against the US dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…

Technical levels: support – 1…

GBP/AUD managed to reach the 200 SMA at H4 chart, but it was sold-off in a supply zone established by our Fibonacci projections…