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Technical Analysis

GBPUSD – Technical Analysis

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GBPUSD – SHORT As shown on the chart below, Daily price action has been consolidated within a flag pattern while holding steady above our key EMA’s and support area. Prior to making its latest highs at $1.30, price was able to break its previous highs at $1.28 with a steady flow of Bullish momentum.  In … Read more GBPUSD – Technical Analysis

GBPCAD Technical Analysis

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As shown in the chart below, daily price action broke above the resistance level at $1.64 to print a higher high around $1.66 zone. Following this higher high, price has now pulled back to find support at uptrend line and the EMA’s. Forming a breakout and a pullback to its previous support structure. On the … Read more GBPCAD Technical Analysis

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