Tag - gbp

The political turmoil that gripped White House this week resulted in the weakening of the USD against its major counterparts, such as the British pound…

The 55 Moving Average has acted as support, so there's a "V-Bottom" pattern, which pushed the price a little bit higher.

There's a consolidation, which is taking place under resistance at 1.2988. The 34 Moving Average is acting as support.

The pair is consolidating along the 55 MA, so bulls are going to achieve the closest resistance at 1.2964 - 1.2995.

Narrow bullish Ichimoku Cloud, horizontal Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen and the Bulls going to breakout an SSA’s resistance.

EUR/GBP rising inside impulse waves 3 and (3) Next buy target - 0…

The pair is moving up and down between resistance at 1.2945 and support at 1.2883.

Bank of America FX Strategy Research notes that GBP has been broadly lower in the aftermath of the BoE decision with some of the main pairs having failed to break through resistance in recent weeks…

The 55 Moving Average has acted as support, so we've got a "Double Bottom" on this line.

The 55 Moving Average is acting as a support. Also, there's a "V-Bottom", so the price is consolidating.

Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud and under the resistance of Senkou Span A.

GBP/JPY reversed from resistance zone Next sell target - 144…