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: price to reach the lower 'Window'
2019-11-11 • Updated
The last bearish 'Harami', which has been formed at the last local high, led to the current decline. It's likely that the price is going to reach the lower 'Window' at 1.2953 in the coming hours. If a pullback from this level happens next, there'll be an opportunity to have another upward rally, so we should watch the previously tested resistance at 1.3359 as a possible bullish target.
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
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