EUR/USD: bullish 'Tower' pushing price higher
The price is likely going to test the 34 Moving Average, which could be a starting point for a decline...
GBP/USD: 89 Moving Average acted as resistance
The 89 Moving Average has acted as resistance, so there's a 'V-Top' pattern. In this case, the market is likely going to test the 34 MA shortly. A pullback from this line could be a starting point for an upward price movement towards the next resistance at 1.3216 - 1.3244.
We've got a 'Triple Top', so the market is likely going to test the Moving Averages. If we have a pullback from these lines next, there'll be a moment for another bullish rally in the direction of the next resistance at 1.3216 - 1.3244.
Sergey Logachev
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GBP/USD: 89 Moving Average acted as support
There's a 'Thorn' pattern, which has been confirmed. In this case, it's likely that the pair is going to test...
GBP/USD: 'V-Top' led to decline
The main intraday target is the nearest support. A pullback from this level could be a starting point for another upward price movement...
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GBP/USD: confirmed "Thorn" pattern
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There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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