The British pound is back under selling pressure against the US dollar as the chances of a hard-Brexit scenario appear to have increased. A sustained break below the 1.2200 support level could trigger a major technical sell-off in the GBPUSD pair, with the yearly trading low the initial target. Overall, moves back towards the 1.2275 level are likely to be met with...
The British pound continues to drift lower against the US dollar in early Tuesday trade, as fears over a Brexit no-deal weigh on sterlings intraday sentiment. The GBPUSD pair is likely to weaken further while trading below the 1.2863 technical level, as it represents the start of last weeks spike higher. Traders now look to the release of the United Kingdom’s...
Litecoin is starting to consolidate around the $83.50 level in early Thursday trading, after multiple technical rejections from the key $85 resistance area.
The intraday sentiment towards the LTCUSD pair is starting to turn bearish, after price created a bearish double-top pattern.
Sellers will now try to break the $81 support level, while buyers will look to...
