Possible flag pattern on EUR/USD 4 hour chart. Growing volumes should confirm the long scenario. Entry point just above the breakout of the descending trendline. First resistance level at 1.187 area; in case of brakeout towards 1.2
GBP/USD 4H Chart: Channel Up
The British Pound is advancing against the American Dollar simultaneously in senior and junior ascending channels, where the latter represents a rebound of the currency exchange rate from the lower trend-line of the dominant formation.
In the last hours of Monday’s trading session the pair made a second rebound from the...