Equities Retreated on Profit Taking
STATE OF THE MARKETS
Equities Retreated on Profit Taking. Rising corona virus cases globally and another possibility of
Chart + Price target(s)
GBP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as
Status : INVALID
Simple chart
The basic bullish trend is very strong on GBP/USD but the short term shows some signs of running out of steam. However, a
Status : INVALID
Simple chart
The basic trend is currently slightly bullish on GBP/USD and the short term does not seem to show any sign of improvement.
Status : TARGET REACHED
Simple chart
The strong short-term decrease of GBP/USD should quickly allow the basic trend to become bearish. As long as the price
Status : INVALID
Simple chart
GBP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as
Status : TARGET REACHED
Simple chart
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the
Status : INVALID
Simple chart
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/USD as
Status : TARGET REACHED
Simple chart
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/USD as
Status : TARGET REACHED
Simple chart
In the short term, we can see an acceleration in the bearish trend on GBP/USD, which is a positive signal for sellers. As
Status : TARGET REACHED
Simple chart
The bullish trend is currently very strong on GBP/USD. As long as the price remains above the support at 1.3381 USD, you
Status : TARGET REACHED
Simple chart