EUR/USD: bullish 'Hanging Man'

EUR/USD: bullish 'Hanging Man'


There's a bullish 'Hanging Man', which hasn't been confirmed yet. So, the market is going to reach the 34 Moving Average. A pullback from this line could lead for another bullish rally.


There're bullish patterns such a 'Shooting Star' and a 'Harami', so the pair is likely going to test the 34 Moving Average. This line could be a starting point for a bullish rally towards the upper 'Window' (1.1605).



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The outlook for the GBP

The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?

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