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GBP/USD: bullish 'Doji' and 'High Wave'

GBP/USD: bullish 'Doji' and 'High Wave'

Information is not investment advice

There're bullish patterns such a 'Doji' and a 'High Wave', which has been confirmed by the last 'Three Methods'. At the same time, we've got a bearish 'Harami', but this pattern hasn't been confirmed yet. Thus, it's likely to have a local correction towards the Moving Averages. If these lines act as support, bulls will probably try to reach the previously tested resistance at 1.3217.

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gbp

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USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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