Tag - gbp

The 34 MA is acting as a support. Also, we’ve got a “Triangle”, so we should keep an eye on a resistance at 1.2547 as an intraday target.

GBP/AUD broke resistance zone Next buy target - 1…

There’s a developing “Triangle”, so the market is likely going to achieve the nearest resistance at 1.2547.

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen; rising Tenkan-sen; the prices are in the support of Senkou Span A.

On the daily chart bears managed to lead the quotes out of the descending channel…

Trade scenarios for EUR/USD, GBP/USD and AUD/USD based on key option levels.

There’s a consolidation under Moving Averages. Also, we’ve got a “Pennant”, which is likely going to be transformed into a “Flag”.

Trade scenarios for EUR/USD, GBP/USD and AUD/USD based on key option levels.

There’s a “Double Top”, which has been confirmed, so the uptrend was broken. The 55 Moving Average is acting as a support.

GBP/CAD reversed from support zone Next buy target - 1…

As GBP/USD approached resistance line from December 2016, it may feel pressure to visit lower levels…

There’s a “Double Bottom”, which has been confirmed. Therefore, the pair is likely going to reach the nearest resistance at 1.2595 – 1.2614.