21.03.2017
GBPUSD
The pair is consolidating above 1.2335. If the governor of the Bank of England M. Carney mentions the possible future problems the country may encounter when exiting the European Union in his comment today, the Pound may fall under pressure.
The price is on the middle Bollinger band, lower than SMA5 and SMA14. RSI resides above the 50% level and moving horizontally. Stoch turned upwards.
Trading recommendations:
If the price falls lower than 1.2335, is can cause further decline to 1.2225.
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