GBPUSD
The pair is trading above 1.2850 following last week’s local reversal. It’s likely to resume decline, as there’s nothing to substantiate further growth so far.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving …
GBPUSD
The pair has reached it local maximum level following the news that Theresa May will keep her position as the Prime Minister and will be able to continue Brexit talks with the EU. This means that the price may correct downwards due to local technical overboughtness.
The price is …
The US dollar fluctuated in a narrowly bullish range during the Asian session to see its ninth session retreat in its 12-session low since March 26 and to make its second straight weekly gain against the Japanese yen following developments and economic data that followed on Friday. The Japanese economy …
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