Those of you that are trend followers are probably eagerly watching GBP/USD to see if its latest 3.51% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 22 days move.
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Could a large bearish move on GBPUSD be a sign of things to come?
GBPUSD hits 1.26194 after a 3.25% move spanning 14 days.
Important price line being approached by AUDJPY. This price has been tested numerous times before.
AUDJPY is moving towards a resistance line. Because we have seen it retrace from this level in the…
EURAUD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 11 days.
The movement of EURAUD towards the resistance line of a Rising Wedge is yet another test of the…