GBP/USD is about to retest a key horizontal resistance level near 1.3147. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
EURJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
EURJPY was identified at around 161.687 having recently rebounded of the support on the 4 hour data interval.…
If NZDUSD touches 0.5608 it may be time to take action.
NZDUSD is en route to a very important line that will be a definite deciding factor of what…
EURUSD has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
Rare set of consecutive candles on the EURUSD Daily chart. Could we expect a turn around from 1.0244…