GBP/USD’s late decline last week suggests rejection by 55 D EMA (now at 1.3453), which is a bearish signal. But downside is contained above 1.3300 support. Initial bias stays neutral this week first. Break of 1.3300 will target a retest on 1.3158. Firm break there will extend the whole fall from 1.3867 to 100% projection […]
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EUR/USD’s fall from 1.1848 resumed by breaking through 1.1575 last week. Initial bias is back on the downside this week for retesting 1.1408 first. For now, risk will stay on the downside as long as Read more…