GBP/USD: 'Morning Doji Star' pattern

GBP/USD: 'Morning Doji Star' pattern

We've got a 'Morning Doji Star'. Considering confirmation of this pattern, the pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next, there'll be a green light for a decline in the direction of the previously tested support at 1.2473.

2705gbpusd.png

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EUR/CHF looks ill

This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

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