The GBP/USD pair shows additional positive trades to approach our awaited target at 1.3660, and continues to move within the ascending channel that supports the chances of surpassing this level and opening the way to achieving more gains in the upcoming sessions, as the next target reaches 1.3775.
Therefore, the …
The general trend is ascending. Currency pair fluctuates within 365 and 135 moving averages. The descending wave structures are truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator shows oversold conditions.
Trading idea: buy on initialization of ascending wave pattern where a wave (A) surpasses 1 .7151 level (pivot 2 …
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The general trend is ascending. The share is traded within bottom limit of the ascending channel span. Mirror level 121.50 restrains sellers. The descending wave structure is truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy on the initialization of ascending pattern where …
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