Gold returns to test the 1926.70 support after it approached the 1953.86 resistance, so we keep the movement neutral until the price breaches one of the levels. Bearing in mind that the price's breach of the resistance level 1953.80 will motivate buyers to increase the volume of purchases and put …
The British pound against the dollar reached the resistance level 1.3180 and settled near this level, trying to breach it and end the bearish path. And start a new upward trajectory.
The 20-50 moving averages support the bullish movement as they intersect near the support 1.3080.
The range of movement …
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The share is traded in the descending channel’s lower border span. The reverse pattern “Pin-bar” has formed. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy after the 4-hour impulse candle is closed above 23.22.
Stop-loss — 22.37.
Target levels: 24.45; 25.89.
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