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Day: May 14, 2019

20 posts
GBP/USD Target Level: 1.2964

GBP/USD Target Level: 1.2964

Falling Wedge identified at 14-May-2019 22:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2964 within the next 10 hours. Supported by RSI below 40 Chart 1 hourPattern Falling WedgeLength 32 CandlesIdentified 14-May-2019 22:00 UTC
Trade of the Day: GBP/NZD

Trade of the Day: GBP/NZD

By: Dima Chernovolov GBP/NZD continues to fall inside the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Up Channel at the 5-bar level – which is the result of the average Initial Trend (5 bar), below-average Uniformity (4 bars) and higher Clarity (6 bars). GBP/NZD…