Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
GBP/USD: market to test the nearest support
Bulls faced with resistance at 1.3300 and there's a 'V-Top', so the market is likely going to test the nearest support at 1.3172 - 1.3143. A pullback from this area could be a starting point for another upward price movement towards the next resistance at 1.3244 - 1.3268.
There's a 'Double Top' pattern, which has been confirmed, so the price is declining. The main intraday target is the closest support at 1.3172, which is near the 55 Moving Average. If a pullback from this level happens next, there'll be a moment to have a bullish price movement to 1.3244 - 1.3268.
While biotech companies are struggling to find the vaccine, investors make bets who’ll win this race.
There are many things happening in the UK. What is the strategic outlook for the GBP?
The Australian dollar set a strong upward trend over a month. Will AUD loose its gains soon?