• 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)).
Financial markets are gradually recovering from recent shocks, indicating that the extreme fear has subsided.…
The crypto market has corrected about 1.3% to $2.9 trillion from Wednesday's peak but has…
Nikkei 225: ⬆️ Buy - Nikkei 225 broke the resistance area - Likely to rise…
EURCHF: ⬆️ Buy - EURCHF broke the resistance area - Likely to rise to resistance…
CADJPY: ⬆️ Buy - CADJPY reversed from strong support area - Likely to rise to…
USDJPY: ⬆️ Buy - USDJPY reversed from the support area - Likely to rise to…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="500px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
