GBPUSD created numerous technical bullish patterns in three different time frames: hourly chart, H4 chart and daily chart. At the time of writing there is a long entry at 1.6787. If GBPUSD will be around this price, you can still enter the trade but if not one should wait for an hourly or H4 ZLR. ...Continue Reading

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Gold got rather uppity a short while back. After an uneventful couple of months trading in an increasingly narrow range either side of about 1295, the market broke down sharply and eventually got to near 1240. As you can see in the daily chart below, that move came out of a very narrow Bollinger Band set-up, which is quite often the precursor to high volatility moves. ...Continue Reading