Tag - gbp

EUR/GBP reached buy target 0…

GBP/NZD broke daily up channel Next sell target - 1…

The British pound dropped in the past week on UK election jitters and weak economic fundamentals…

The price faced support at 1.2865, but the market is likely going to continue falling down in the direction of the next support.

GBP/CHF broke support level 1…

We've got a "Double Bottom", so the price has reached resistance at 1.2988. Also, there's a triangle.

Recommendations: BUY 1,3035 SL 1,298 TP1 1,31 TP2 1,3135, SELL 1,293 SL 1,2985 TP 1,278…

Narrow bullish Ichimoku Cloud; horizontal Senkou Span A, but rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen over the Cloud; the prices are supported by Cloud and may go higher.

We've got two "Thorn" patterns, so the price is consolidating. The 89 Moving Average is acting as support.

We've got a "Thorn" under resistance at 1.3047, so the price is consolidating. The 55 Moving Average is acting as support.

We've got an upward consolidation, which is developing between the 34 Moving Average and resistance at 1.3023.

Political turmoil in the United States this week resulted in the weakening of the US Dollar against its major counterparts, such as the British pound…