Just a simple XABCD pattern on GBP/USD . We will be looking to go long and will be aiming for a target zone of 1.32122. We will be opening the position if the market reaches the 1.3080 zone.
By using basic chart patterns, this is our prediction for GBP/USD for the following week.
Just a quick bit of analysis on NZD/USD.
From looking at the chart and plotting a "Bearish" XABCD pattern, its highlighted that there could be an opportunity for a possible sell. This could see us drop down to around the 1.324 zone.