04.12.2017
GBPUSD
The pair is falling after the significant growth caused by the expectations of Britain settling on the price of Brexit in the nearest future. But presently there is no news on the subject, which is putting the pair under pressure.
The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50% and is moving down. Stoch are also going down.
Trading recommendations:
If the price passes the mark of 1.3445, it’s highly likely to continue its local decline down to 1.3370.
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