GBPUSD
The pair is trading above 1.2820 on the eve of the Bank of England monetary policy meeting. The meeting is not expected to bring favorable news for the GBP. Moreover, if the general market sentiment gets worse, the pair will likely reverse and drop.
The price is above the …
EURUSD
The pair is trading on the level of 1.1340 following the release of data indicating a slowdown of the European economy, and the announcement of the German chancellor Angela Merkel that she would not seek reelection as leader of her party.
The price is below the middle Bollinger band, …
EURUSD
The pair is trading below 1.1390, while consolidating in the expectation of consumer inflation data in the eurozone and employment data in the US that will be released this Friday.
The price is below the middle Bollinger band, a little above SMA 5 and SMA 14. RSI is below …
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