The pair is trading above the support level of 1.2535. It’s also supported by the hopes for Brexit resolution. However, the pair may decline if the market sentiment turns negative again.
Technical side:
The price is above the middle Bollinger indicator, above SMA 5 and SMA 14. RSI is …
The support level 43.00 is holding back sellers. The descending pattern is truncated. Stochastic Oscillator signals an oversold condition, and Awesome Oscillator shows a bullish divergence.
: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending 1-2-3 pattern is formed, where …
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