Sbearbank continues its bullish streak extending from three weeks ago. Where the price succeeded in breaching the resistance 202.00 and close above it for two days and wait for the closure for the third day until it is sure to break the resistance effectively.
The moving averages support the price …
GBPUSD
The pair is trading above 1.2850 following last week’s local reversal. It’s likely to resume decline, as there’s nothing to substantiate further growth so far.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving …
GBPUSD
The pair has reached it local maximum level following the news that Theresa May will keep her position as the Prime Minister and will be able to continue Brexit talks with the EU. This means that the price may correct downwards due to local technical overboughtness.
The price is …
Don't have your language?
