GBP/USD may lose more
The pound is affected by Brexit uncertainty and may slide even lower.
GBP/USD is under pressure
Trade idea
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.
Elizabeth Belugina
Similar
EUR/USD once again turned lower
On H4, we can see that the pair fixed below the line connecting the lows of April and May in the area of 1.1180.
USD/CAD: short-term trade idea
USD/CAD met resistance in the 1.3490 area (resistance line connecting April and May highs).
Latest news
EUR/USD: local 'V-Top' pattern
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C)
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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