The last low has been broken, but there's a 'V-Bottom' pattern, which has been confirmed. Meanwhile, it's likely that...
Tag - gbp
The pair is likely going to test the nearest resistance at 147.80 - 148.56, which means we could have a new local high soon...
What may happen on markets today
What to expect from markets on Tuesday, March 12
The UK parliament will vote on the last version of Theresa May’s Brexit deal on Tuesday, March 12.
Check out the key levels for EUR/USD and GBP/USD!
GBP/CAD made an attempt last week to rise to the 200-week MA in the 1.7750 area but then turned down and closed around 1.7460
The most significant events that will shake markets
It's likely that the pair is going to test the lower 'Window' and the 55 MA. The subsequent pullback from these levels could lead to...
Markets are waiting for the NFP release (15:30 MT time)…
GBP/USD is consolidating ahead of the release of the US nonfarm payrolls figures at 15:30 MT time.
It seems like there's a developing 'Flag' pattern. If so, the market is likely going to test the next support...