Tag - gbp

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; but the prices are on the strong support and a market is oversold.

GBP/USD broke support zone Next sell target - 1…

EUR/GBP reached buy target 0…

The US dollar index recovered last week from 96…

We've got a bullish "Thorn", so the price is consolidating. In this case, we should keep an eye on the nearest support at 1.2705.

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

The last upward "Wedge" has been broken, so the pair plunged like a stone. Finally, bears meet with support at 1.2634.

The pound slumped to 1…

Bulls faced resistance at 1.2964, so the price is consolidating. Meanwhile, we've got a "Flag" pattern.

Narrow bullish Ichimoku Cloud and horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are under strong 3-week’s resistance.

The price hasn't broken resistance at 1.2932, so bears are likely going to test support at 1.2887 in the coming hours.

GBP/NZD reached sell target 1…