09.08.2017
GBPUSD
The pair is in a short term downtrend as the positive inflation data is expected to be released in the US. It's likely to continue downwards.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above 50% level and is reversing upwards. Stoch are also reversing upwards.
Trading recommendations:
If the price doesn't rise above 1.3020 level, it may continue falling down to 1.2950 and then to 1.2840.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
