08.02.2018
GBPUSD
The pair may come under pressure today if the Bank of England meeting results don’t indicate its intention of raising the interest rates in the foreseeable future.
The price is below the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI is below the level of 50% is mildly growing. Stochastic oscillators are trying to reverse upwards.
Trading recommendations:
If the pair doesn’t go above the mark of 1.3920, it may fall down to 1.3750.
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