29.06.2021
GBPNOK
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending wave pattern is broken. A Bullish divergence has formed on Awesome Oscillator. A breakout of 11.873 will result in the formation of an ascending wave pattern within the overall uptrend.
GBPNOK rate online: monitor the price movement in real time.
Trading idea:
Buy on a breakout of 11.873.
Stop Loss: 11.755.
Target levels: 12.014; 12.090.
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