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XAU/USD analysis

The gold price did not show any strong movement since yesterday. It continued to fluctuate around the EMA50, and therefore, there is no change in the expected bearish trend scenario for the upcoming period.

The trend is supported by the negative signal presented by the Stochastic Indicator now, waiting to …

Currency pair analysis GBP/USD

The GBP/USD provided noticeable negative trading yesterday to settle below the 1.3200 barrier. It reinforces the expectations of continuing the bearish trend in the intraday and short term. The price is approaching the first awaited target at 1.3160. The breaking of this level will push the price to 1.3000 …

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