GBP/USD: The pound left the triangle

GBP/USD: The pound left the triangle


SELL 1.266 SL 1.2715 TP1 1.256 TP2 1.246 TP3 1.22

On the daily chart of GBP/USD, bears managed to move the pair outside the triangle. The pair needs to stick below 1.27 and fall to the August minimum to continue going down. If the August minimum is successfully updated,  the AB=CD pattern with the 161.8% target will be activated. It will comply with the 1.22 level.


On H1, bears are planning to implement the AB=CD pattern. They keep the situation under control until the pair returns to the resistance at 1.2925. 




EUR/GBP: let's buy the euro

On the daily chart of EUR/GBP, after implementation of the "Wolfe Waves" and "Shark" (88.6%) patterns, there is a correction as a part of the "Shark" pattern's transformation into 5-0.

Gold faces some pressure

Gold is correcting down after its previous advance. The metal is now trading below October high at 1243.35.

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera