The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
GBP/USD: local bearish 'Thorn' pattern
It seems like there's a developing 'Rising Wedge' pattern. However, the price is likely going to test the nearest support at 1.2606 - 1.2588. If a pullback from this area happens next, bulls will probably try to achieve the next resistance at 1.2695 - 1.2725.
There's a local bearish 'Thorn' pattern, so the market is likely going to reach the closest support at 1.2606 - 1.2588 in the coming hours. The subsequent pullback from these levels could lead to an upward price movement in the direction of another resistance at 1.2695 - 1.2705.
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USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.