The GBP/USD pair tested the pivotal resistance 1.3610 and rebounded sharply lower from there, to start pressure on the 1.3525 level, and we suggest surpassing this level to open the way to continue the decline and head towards 1.3460 as a next negative target.
From here, the bearish bias is …
#CCI
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. The mirror level 166.90 restrains sellers.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss below the mirror …
The currency pair fluctuates between 365 and 135 ascendant moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of …
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