Home About the company Daily reviews Technical analysis 25.06.18

Technical analysis 25.06.18

25.06.2018

Market Review

GBPUSD

The pair is attempting to pass the mark of 1.3225 as the world market investors’ risk appetite is decreasing due to Donald Trump’s new tariff threats. If it happens, the pair may come under a limited negative influence.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is testing the mark of 50% moving downwards. Stoch are falling.

Trading recommendations:

If the price falls below 1.3225 and the middle Bollinger band, a local fall to 1.3150–55 is possible.

Author: admin
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