GBP/USD: 'Harami' led to decline

GBP/USD: 'Harami' led to decline

The pair has been declining since the last 'Harami' formed at the local high. Also, there's a bearish 'Three Methods' pattern, which has been confirmed by the price fixating below the 'Window' and Moving Averages. Thus, it's likely that the pair is going to continue declining towards the next support at 1.2658 in the coming days. The subsequent pullback from this level could lead to an upward correction in the direction of the previously tested 'Window' (1.2954).




Latest news

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.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera