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GBPUSD technical analysis 07.12.2020

The pair is clearly turning down amid the lack of progress in Brexit negotiations. This may cause a local drop, which will only increase if no agreement is reached.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages intersect …

Trading ideas for MTS PJSC 07.102.2020

#MTS

The support level of 316.10 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition. The stock is trading in the range of the internal downward price channel.

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed, where wave …

GBPUSD analysis 07.12.2020

A "Pin Bar" reversal pattern has formed on the D1 timeframe with a false breakout of the resistance level. Stochastic Oscillator signals an overbought condition.

A truncated H2 level pattern has formed on the H1 timeframe, which ended with the breakout of the inclined channel. A breakout of 1.3407 …

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