GBPUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBPUSD continues in its current trajectory, we could see it reach 1.3055 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 1.3055 Entry: 1.2977 Stop: 1.2912
Approaching Support level of 0.8663 identified at 10/15 16:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8663 within the next 6
ETHUSD is once again retesting a key horizontal resistance level at 2778.1201. It has tested this level 3 times in the recent past and could simply bounce off like it
DOW 30 is about to retest a key horizontal support level near 44366.8398. It has tested this level 6 times in the recent past and could simply bounce off like