GBPUSD November in the Spotlight
Updated
USA presidential election brought some volatility to the market from the start of this month. More is expected as the count of the ballots continues.
The price seems to have created an uptrend channel and could trade inside through November and December. It also reached for a second time the 0.618 area on our Fibo chart.
The price seems to have created an uptrend channel and could trade inside through November and December. It also reached for a second time the 0.618 area on our Fibo chart.
Note
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The price came closer to the upper limit of the channel and could repeat the move tomorrow.Trade active
The price almost reached the upper limit of the channel.Trade active
The price made a double top on the upper limit on M15. The bulls are still strong, but could bears hope for a reversal?Trade active
The upper limit was breached.Trade active
The pair gives signs of a strong reversal.Trade active
Have we witnessed a retracement today? Are we headed downwards?
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