GBPUSD is gaining ground after the sell-off towards the two-year low of 1.2120 and is moving towards the inside swing low from April 28 at 1.2410. The technical indicators are mirroring the current bullish bias in the very short-term, as the MACD is jumping above its trigger line in the negative region, while the RSI […]
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On 10 March, analysing the EUR/USD chart, we: → considered the long-term descending channel, which remains relevant; → noted that the sequence of lower lows A–H was broken with the appearance of a higher peak Read more…
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