GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H is in a bullish configuration. The price should find a resistance below 208.60. The consolidation should continue. If the resistance is broken then the target will be 212.00.
GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H is in a bullish configuration. The price should continue to move in 1.9680 / 2.0000 range.
No comments:
Post a Comment