Tag - gbp

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

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: bullish
GBP/USD: bullish "Thorn"

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/USD: plunged like a stone
GBP/USD: plunged like a stone

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

GBP/USD: pound is approaching resistance
GBP/USD: pound is approaching resistance

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.

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