GBP maintains its downward momentum. The overview also describes the performance of EUR, JPY, CHF, AUD, Brent, Gold, and the S&P 500 index.
GBPUSD has gained a foothold inside the Ichimoku Cloud; NZDUSD is testing the indicator’s signal lines, USDCHF is rising within a Wedge pattern.
The AUDUSD pair remains under selling pressure for the second day.
The USDJPY pair maintains its upward momentum and continues to strengthen.
A breakout of the 4/8 level will indicate a rise in AUDUSD, NZDUSD might retrace to the 1/8 level.
GOLD is forming a growth wave; NZDUSD is developing a correction, GBPUSD maintains its downward momentum.