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: 'Triangle' pushed the price higher
There's a 'Triangle', which pushed the price higher. It's likely that the market is going to test the next resistance at 1.3143 - 1.3172. This area could be a departure point for a decline towards the closest support at 1.3047 - 1.3032.
It seems like there's a 'Pennant' pattern, so the price is likely going to reach another resistance at 1.3143 - 1.3172. If a pullback from these levels happens next, there'll be a moment to have a bearish correction to the area at 1.3102 - 1.3081.
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?