Daily Market Analysis

We've got a bearish "Tower", which has been formed right below the upper "Window". So, the pair is likely going to test...

We've got a "Tower" and a "Doji", so the 34 Moving Average is likely going to act as resistance...

There's a "Double Bottom", which has been confirmed. So, the main intraday target is the nearest resistance at 1.3328. However...

Bears faced with support at 1.1688, so we've got a "V-Bottom". In this case, the market is likely going to reach the nearest resistance...

GBP/USD has been very bearish since start of the week and looks forward to reach a demand zone established by our Fibonacci projections…

GBP/CAD reversed from resistance zone Next sell target - 1…

GBP/AUD reversed from resistance zone Next sell target - 1…

There's a bearish "Engulfing", which has been formed at the last local high. So, there's an opportunity to have a downward correction...

The last bearish "Three Methods" pattern led to the current decline. Also, there isn't any reversal pattern so far. In this case...

There's a local decline, which could be wave [ii]. However, this bullish wave count will be unconfirmed until...

The price is consolidating in a range of the developing "Wedge". So, the upper side of this pattern is likely going to be broken soon.

There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to...