Divergence on MacD Plus a strong resistance area bounce multiple times The stop-loss area above the resistance area is not far away while the meditative gains are large
EURGBP
Divergence on the four-hour frame
The bearish scenario is supported by the 61 Fibo break
Sell at 0.83000
Consolidation by breaking the 100 level at 0.82025 point
Stop loss by breaking Fibo level 38 points 0.83300
The price channel may continue to grow according to technical analysis. If not clearly breached, We will see the price reaction at a resistance zone 1.23400 According to the daily frame.
GBP / USD is taking a test of pivotal resistance 1.2515 and remains below it until, awaiting activation of the negative effect of negative stochastic signals to stimulate the price to bounce down during the upcoming sessions, which targets the level of 1.2304 mainly, with a reminder that confirming the break of 1.2515 will push the price will pay the price To...
The US dollar versus the Canadian dollar continues to fluctuate at the pivotal resistance 1.3612 and remains below it, noting that the stochastic crosses positively, awaiting the price stimulus to resume the upside.