Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: market to test 89 Moving Average
2019-11-11 • Updated
We've got a 'V-Bottom', so the market is likely going to test the 89 Moving Average. A pullback from this line could be a starting point for a decline towards the nearest significant support at 1.3101 - 1.3070.
The price is testing the Moving Averages. The main intraday target is the next resistance at 1.3157 - 1.3167. If a pullback from this area happens next, bears will probably try to reach the previously tested support at 1.3081 - 1.3070.
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