The pound could struggle to recover above 1.33

After the Pound suffered alongside the Euro and dropped, it may find it hard to recover even if the common currency moves up. The Technical Confluences Indicator shows that a dense cluster of potent resistance liens awaits at 1.3294: the Simple Moving Average 200-15m, the one-month low, the one-week low, the Pivot Point one-month Support 2, the SMA […]

The post The pound could struggle to recover above 1.33 appeared first on Forex Crunch.

Shares