This trade steup on GBP/USD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 1.2597.
ARTÍCULOS RELACIONADOS
There is a 88.89% chance of AUDUSD trending downwards
Based on past United States Durable Goods Orders MoM news events there is a 88.89% chance of AUDUSD…
NZD/USD has broken through a resistance line. It has touched this line numerous times in the last 3 days.
The price of NZD/USD in heading in the direction of 0.6124. Despite the recent breakout through 0.6101 it…
We expect EURUSD to trend upwards right now.
Based on the last 12 Retail Sales MoM events in United Kingdom, we may expect EURUSD to trend…