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 1.3416 within the next 16 hours.
Supported by Upward sloping Moving Average
Target: 1.3416 Entry: 1.3351 Stop: 1.3249
GBPUSD has breached the resistance line at 1.3083. It may continue the bullish trend towards 1.3113, or, it may prove to be yet another test of this level. Supported by
DAX 40 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound
ETHUSD is heading towards the resistance line of a Triangle and could reach this point within the next 3 days. It has tested this line numerous times in the past,