The GBP/USD pair managed to break the 1.3460 level and now settles below it, which supports the continuation of the expected bearish trend scenario effectively in the upcoming sessions, paving the way for achieving more negative targets that start at 1.3400 and extend to 1.3310 after surpassing the previous level. …
The gold price achieved a strong breach of the 1825.15 level and ended yesterday’s trading below it, which stops the suggested positive scenario in our recent reports and leads the price to shift to the downside, on its way to test the 1797.00 level initially, noting that breaking this level …
The descendant wave structure is truncated. The support level of 0.8975 restrains sellers. Awesome Oscillator, as well as Stochastic Oscillator, indicate bullish divergence.
Trade idea:
Buy when an ascendant wave structure starts forming, where a wave (A) pierces the inclined channel of the descendant truncated structure.
Stop loss below the …
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