It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.
GBP/USD is under pressure
SELL 1.2940; TP1 1.2890; TP2 1.2865; SL 1.2955
GBP/USD formed a lower high just above 1.30 (psychological level, 50-week MA). It’s now hovering at the 200-day MA in the 1.2955 area. Daily Awesome Oscillator is at the negative territory. On H4, the 50-period MA is about to decline below the 200-period MA confirming that the market has topped in the near term. As long as the pound is trading below 1.2985, bears will dominate the market.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...