Tag - gbp

The last “Pennant” was broken, but bulls haven’t moved higher yet. So, the price is consolidating.

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are on the support of Tenkan-sen and Kijun-sen.

The market is likely going to test the next resistance at 1.2911 – 1.2945 during the day.

We’ve got a “Pennant”, so the market is likely going to achieve the closest resistance at 1.2911 – 1.2945 in the short term.

The pound strengthened to its highest this year after UK Prime Minister Theresa May called for a snap election on June 8, seeking a personal mandate and parliamentary support to take her through tough Brexit talks…

The pound strengthened to its highest this year after UK Prime Minister Theresa May called for a snap election on June 8, seeking a personal mandate and parliamentary support to take her through tough Brexit talks…

The price is consolidating between the levels 1.2865 – 1.2774. The 34 Moving Average is going to act as a support.

On the GBP/USD daily chart, there is a consolidation after a sudden rebound…

Bulls faced a resistance at 1.2951, so we’ve got a “V-Top” pattern, which pushed the price to a support at 1.2774.

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the local support; but the market is overbought.

GBP/AUD rising inside impulse waves 3 and (3) Next buy target - 1…

GBP/USD broke resistance area Next buy target - 1…