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EUR/GBP: another 'V-Top' pattern

EUR/GBP: another 'V-Top' pattern

Information is not investment advice

There's another 'V-Top' pattern, but the market is consolidating. It's likely that the price is going to reach the previously tested support at 0.8483 soon. If any bullish pattern form on this level little later on, there'll be time for an upward correction in the direction of the nearest resistance at 0.8574 - 0.8594.




AUD/JPY may fall further

AUD/JPY is in the downtrend since the start of the year. It was capped on the upside by all the three important moving averages on the D1.

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