Shaeel95

Shaeel95

GBP/USD has changed its long term trend from bearish to bullish last year from the level of 1.20. It has then moved upward to the high of 1.35. Now apparently it is forming the flag pattern and break from that pattern would end the consolidation zone and pursue further the upward trajectory.

Shaeel95

Last week Gold has reached to the key support area and is now ready to fly further up. Due to Coronavirus outbreak, fundamentals are also supporting the idea of bullish gold. So, both technicals and fundamentals are in conformity with each other making bullish move of gold highly probable in the coming week.