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EUR/GBP: 'V-Bottom' pushed the market higher

EUR/GBP: 'V-Bottom' pushed the market higher

Information is not investment advice

There's a 'V-Bottom', which pushed the market higher. Also, it seems like there's a developing 'Flag' pattern. If so, the market is likely going to test the next support at 0.8529 - 0.8483. If any bullish pattern forms little later on, there'll be an opportunity to have an upward correction towards the Moving Averages.




XAU/USD: how about a buy trade?

XAU/USD formed a “hammer” candlestick on the D1 ahead of the 100-day MA. The price made a higher low on the H4 and now only the resistance at $1 877 separates the precious metal from further gains.

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