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GBP/NOK currency pair analysis

The downward truncated wave structure ended with the breakdown of the inclined channel. On the indicator Awesome Oscillator, there is a bullish divergence. On the H4 timeframe, there is a "key reversal" pattern with a false breakout.

Trade idea:

Buy on the breakout of 11.4780.

Stop-loss under the support level …

GBP/NOK currency pair analysis

The downward truncated wave structure has ended with the breakdown of the inclined channel. Awesome Oscillator indicates bullish divergence. On the H4 timeframe, a key reversal pattern has formed with a false breakout.

Trading idea:

Buy on the breakout of 11,480.

Stop-loss under the support level 11.3650.

Target levels: 11.580; 11.735.

GBP/JPY currency pair analysis

The downward truncated wave structure ended with a break of the inclined channel. The Awesome Oscillator indicator has bullish divergence. The internal entry point "on a pullback B" is formed.

Trading idea:

Buy on a breakout of 161.71.

Stop-loss under the support level 161.31.

Target levels: 161.97; 163.50.

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