The mid-September peak of 1.2582 has set in motion a medium-term bullish trend for GBPUSD, according to Steve Miley, CEO of Market Chartist.
As the 31 October deadline approaches, Ron William, director at RW Advisory, gives his outlook for GBPUSD and says things are starting to look more bullish.
USDJPY is set for a retest of key resistance in the early stages of this week, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
GBPUSD’s recovery may already be coming to an end, according to David Sneddon and his team at Credit Suisse in London.
Bitcoin looks poised for a retest of its all time high, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
The Brexit-led surge in EURGBP could mean the completion of a long-term bullish triangle pattern leading to further gains, say analysts at Credit Suisse in London.
There is only one hurdle ahead of 1.2000 for GBPUSD, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
GBPUSD is at risk of breaking below key support and beginning a move down towards 1.2100, according to David Sneddon and his team at Credit Suisse in London.
Recent bullish divergence will drive EUR/JPY back to 125.50 before resuming its downward trend, according to JC Parets, Founder of All Star Charts.
US dollar weakness will be the main theme for the FX majors in the medium-term, according to Ian Coleman, Chief Market Analyst at Signal Centre.