On Wednesday, the GBP/USD pair is getting weaker after another rumors about stresses for the country’s economy regarding the Brexit.
On Wednesday afternoon, the main currency pair fell at first, then recovered once again, and the evening promises to be alike.
The S&P 500 trades unchanged pre market.
The EUR/USD pair is forming another descending structure.
After failing to fix above the correctional retracement of 61.8%, the EUR/USD pair is trying to resume moving downwards.
Probably, the EUR/USD pair finished the wave [ii]. Earlier, the price formed the descending wedge in the wave [i].
Yesterday, the EUR/USD pair broke Super Trends and managed to stay below the 4/8 level, which means that it may continue moving downwards.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected (1) and formed “Golden Cross” again; H4 Kijun-Sen provided resistance.
At the H4 chart of USD JPY, the downside Window provided support once again.