AUD is on a downswing against the USD. It reached the Spring-2009 lows. Will it continue the same direction?
GBP/USD: 55 Moving Average acting as resistance
Information is not investment advice
The 55 Moving Average has is acting as resistance and also there's a bullish 'High Wave', but this pattern hasn't been confirmed enough. Thus, it's likely that the pair is going to reach the previously tested support at 1.2997. In case of a pullback from this level, there'll be a moment for another bullish rally towards the nearest important resistance at 1.3347.
While Donald Trump continues to lead the Republicans, the Democrats have not chosen its representative yet. With around 8 months till the US election, what are the chances for any of the candidates to affect the USD?