GBP/USD: levels to trade
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
EUR/GBP met resistance
Trade ideas
SELL 0.8960; TP 0.8937; SL 0.8970
SELL 0.8915; TP 0.8880; SL 0.8930
EUR/GBP met resistance in the 0.8990 area. It failed to overcome this obstacle for the second week in a row. There’s bearish divergence on the daily Awesome Oscillator. In the near term, we’ll likely see a correction to 0.8937. The decline below 0.8920 will open the way down to 0.8875.
Elizabeth Belugina
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GBP/USD: levels to trade
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
AUD/JPY needs to decide
AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
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