641
I've been trading for 15 years, so I have a lot of things to share. I use the classic technical analysis, which is one of the most powerful tool for any trader.

GBP/USD: consolidation going to move on

GBP/USD: consolidation going to move on

We’ve got a consolidation between the nearest resistance at 1.3289 and support at 1.3116. So, the market is likely going to reach the 89 Moving Average in the short term. If a pullback from this line happens afterwards, the pair will probably try to have a support at 1.3116 once again.

GBP/USD: consolidation going to move on

The price is moving up and down. It’s likely that we’re going to see a local decline towards the Moving Average lines. At the same time, bulls will probably try to deliver a new high afterwards.

Scroll to top