GBP/USD Technical Analysis

The pair is headed up.

Technical Analysis
Aug 28, 2018
GBP/USD Technical Analysis

After last weekend in the United Kingdom the pair is now headed up, breaking the 1.29 mark. At the moment it is above this level. Right now we do not expect the release of any macroeconomic indicators from the UK.

In the US today we are waiting for a release of the Consumer Confidence Index. Currently we are seeing a continued decline in the dollar index, which fell below the 95.00 mark and after yesterday's trading session is exposed to a downward impulse.

Technical indicators diverge in their predictions, but the price was able to rise above the MA120 and we are considering the option of forming an uptrend.

Therefore, taking into account the formed trends, we advise you to look for points to enter into long positions. The goals are the levels of 1.2930 and 1.2960.

Otherwise, if the price returns below the mark of 1.29, a correction for the pair is possible.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We can buy the pair today.

SuperForex
Aug 27, 2018
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

The pair is showing some bullishness today.

SuperForex
Aug 23, 2018
EUR/USD Technical Analysis

Technical Analysis

EUR/USD Technical Analysis

The pair is forming an inverted head and shoulders pattern.

SuperForex
Aug 23, 2018