Technical side:
The price is …
The 88.2% Fibo level remains unbreached, which means that the ascending H1 level pattern is a wave (B) of the descending H4 level pattern. Awesome Oscillator shows a Bearish divergence, while Stochastic Oscillator signals an overbought condition.
trade the GBPJPY currency pair.
Trading idea:
Sell on …
Wednesday, December 16th, today’s news—European markets trade higher amid the vaccine and Brexit hopes. France's business activity returns almost to growth after the coronavirus restrictions are eased, American markets rise ahead of the Fed's meeting as fiscal stimulus optimism grows, the dollar continues to weaken. The price of Brent oil …
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