The weekly chart shows how important the resistance at 1.63 is for the pound
I expect this area to be tested. If the USD is going to be weak, maybe we will get a full on rally to 1.67.
The MACD lines and histogram both show class A bullish divergences, with immediate recovery after the breakout occured on Friday. This chart looks very bullish for the coming days, and why not, couple of weeks.
The MACD lines and histogram both show class A bullish divergences, with immediate recovery after the breakout occured on Friday. This chart looks very bullish for the coming days, and why not, couple of weeks.
