There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...
GBP/USD falling inside minor ABC correction 2
- GBP/USD falling inside minor ABC correction 2
- Next sell target - 1.3000
GBP/USD continues to fall inside the minor ABC correction 2 – which previously broke through the support zone lying between the key support level 1.3270 (former resistance level from August and September) and the 50% Fibonacci correction of the previous upward price impulse from the end of August. The breakout of this support zone accelerated the active ABC correction 4. GBP/USD is expected to fall further to the next sell target at the next round support level 1.3000.
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
GBP/CHF broke pivotal resistance level 1…
Bitcoin, quoted in USD, is already trapped in an interesting area where buyers could help to boost the cryptocurrency towards record highs in the mid-term…