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GBP/USD price action remained suppressed as recent development around Brexit remain uncertain. Chances of a “no deal” seems to have increased according to investment banks. RSI divergence points for a possible short term reversal if a Brexit catalyst allows for it. GBP/USD price action remains subdued and in consolidation. Furthermore, the RSI divergence indicates the probability of a short Read More …
GBB/USD price has broken out of its triangle consolidation yesterday. RSI bullish divergence increases the probability for a valid upside move. If break out is valid, price could reach all the way to resistance level 1.32600. The price of GBP/USD has broken out if consolidation range in yesterday’s US trading session. Technically the break out seems to Read More …
GBB/USD price has been consolidating inside a triangle, inside a long term range A price breakout to the upside could see price reaching the upper range line RSI bullish divergence increases the probability for upside move. The price of GBP/USD has been consolidating in a even narrowing range inside what appears to be a symmetrical triangle. Read More …
Prime Minister Theresa got EU approval on Brexit deal The challenge is now for the British Parliament to vote for it GBP/USD in bearish channel as political uncertainty weighs on the Sterling Overview Theresa May’s success in getting her proposed Brexit deal approved by the EU is only partial as the Prime Minister must now persuade her Read More …
