The GBP/USD pair shows slight positive trades to test the resistance line that appears on the chart above. The price maintains stability below the resistance level, forming the first protection factor for the bearish trend within the main descending channel, waiting for the rebound downwards to head to our main …
On the daily timeframe, the bulls are testing the upper border of the descending price channel. A bearish divergence is forming on the Awesome Oscillator.
On the H1 timeframe, we see that the ascending wave patterns are truncated. The Awesome Oscillator shows bearish divergence, while the Stochastic Oscillator signals …
News for today, December 8:
Asian stocks hit a nearly two-week high on Wednesday, rallying alongside other assets as investors were relieved to learn that Omicron may be less damaging to the global economy than anticipated. Markets await U.S. inflation data on Friday, and if high, it will stimulate policymakers …
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