GBPUSD - Brexit Deal "Close" + Price missed pivot
I read that Morgan Stanley stated that the concerns over Italy budget deficit and also the fact that market believes the Brexit deal is close (Irish border issue). Probably this bullish sentiment continues next week. U.S market is closed on Monday, that could be a factor of Sterling strengthening against the Dollar, MAYBE.
Technically :
1. Price missed pivot, potentially a signal of a continuation of the direction at least for another 24 hours
2. No Price-RSI Divergence
3. Boomerang level as targets
4. Daily range projection high as targets
5. Last week, the weekly projection did not hit
Technically :
1. Price missed pivot, potentially a signal of a continuation of the direction at least for another 24 hours
2. No Price-RSI Divergence
3. Boomerang level as targets
4. Daily range projection high as targets
5. Last week, the weekly projection did not hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.