GBPUSD
The pair is still under pressure as the Bank of England is no longer expected to raise the interest rates this June.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is entering the oversold area. Stochastic oscillators …
GBPUSD
The pair is testing the level of 1.4185 as the UK retail sales data is expected to be released. It’s anticipated to show a 0.5% decrease this March. If the data turns out to be as predicted or lower, the pair will be highly likely to continue falling.
The …
EURUSD
The pair is consolidating as the eurozone consumer inflation data is expected to be released. If the data indicate that the inflation is still slowing down, it would put the pair under a local pressure.
The price is below the middle line of the borders of Bollinger bands, below …
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