The GBP/USD pair traded lower after the repeated test of 1.3355, which keeps our bearish trend expectations valid for the upcoming period. They are also supported by the negative pressure formed by the EMA50: it means that trading within the descending channel shown in the image is likely, with the …
The overall trend is downward. The ascending wave pattern of the H4 level is truncated. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions.
EUR/GBP rate online: the price movement in real time.
Trading idea:
Sell when a descending wave pattern …
News for today, November 29:
Oil prices rebounded on Monday as investors started buying more oil after Friday's slump, as well as on speculation that OPEC + could halt output increase in response to the spread of the Omicron strain. Oil prices fell more than 10% on Friday, the largest …
Don't have your language?
