• GBPUSD reversed from key support level 1.1915
• Likely to rise to resistance level 1.2200
GBPUSD recently reversed up from the key support level 1.1915 (which has been reversing the pair from the end of November) intersecting with the lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse from November .
The upward reversal from the support level 1.1915 is likely to form the daily candlesticks reversal pattern Bullish Engulfing.
GBPUSD can be expected to rise further toward the next resistance level 1.2200 (which stopped the pervious wave (ii)).
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies