Tag - gbp

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market is under strong resistance of the 4H-Cloud.

In the absence of the news catalysts over the weekend, the market moves were subdued in Asia today…

Some investors started betting the Bank of England could raise interest rates in August…

There's a consolidation, which is taking place below resistance at 1.2705. So, the pair is likely going to achieve the 34 MA.

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the local market in a correction phase and the bulls may go higher.

There's a "Double Bottom", which pushed the price towards resistance at 1.2705. In this case, the market is likely...

The last "Rising Wedge" has been broken. In this case, the pair is likely going to achieve the nearest support.

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; the cancelled dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices made the new lows for the last two months and the marker is oversold.

GBP/JPY has started a corrective phase on June 20th as it managed to find a top around 142…

GBP/CAD reversed from resistance zone Next sell target - 1…

GBP/CAD reversed from resistance zone Next sell target - 1…

GBP/AUD falling inside minor impulse wave 1 Next sell target - 1…