GBPUSD
The pair is trading above 1.3015 against the background of the failed Brexit talks. Considering that a number of the world’s most important economic indicators are showing decline, the pair may resume local fall.
The price is below the middle Bollinger band, on the level of SMA 5, but …
GBPUSD
The pair is trading above 1.3080 in expectation of the outcome of the EU leaders’ meeting. If the summit doesn’t result in a comprehensive Brexit agreement, the pair may resume its decline. Only in case of positive news the pair is likely to start growing.
The price is below …
USDJPY
The pair is trading below 112.15 due to the decreasing tension on the markets, while preserving the short-term uptrend. It may receive support if the market sentiment remains the same and if the Fed monetary policy meeting results in a decision to gradually raise interest rates.
The price is …
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