GBP/USD Nearing The Grand Finale

We are getting closer to the grand finale on the GBP/USD. Everybody is waiting for a breakout from the long-term symmetric triangle. Price is now closer to the resistance, which increases the chances for a bullish breakout here.

GBP/CAD is the one giving the hints that we can have a positive sentiment for the GBP. What we are having here is the bullish engulfing on the weekly chart, which in the same time is a double bottom formation. This, after few weeks, resulted in the price climbing higher. This sentiment should be continued.

AUD/NZD is approaching a very important support (trendline, neckline and lower line of the flag). Bullish pattern here will be a trigger for an ultimate buy signal. Stay sharp!

This entry was posted in Market and tagged . Bookmark the permalink.
0 0 votes
Notify of
0 评论
Inline Feedbacks
View all comments