Reversal Patterns in GBP Pairs, Inside Bars in Gold and Silver

In today’s daily chart watch we are looking at a potential reversal in the British Pound. We’ve also got interesting inside bar patterns to look at in gold and silver and some well formed chart patterns in EUR/USD and GBP/JPY. Let’s jump into it. In both gold and silver, price has been consolidating at the … Read more

GBP/USD Hovers at 11 Month Lows Amid Hard Brexit Fears

Cable slumped to its lowest levels since September of 2017 on Monday, as fears over the possibility of a hard Brexit took hold. In an interview with the Sunday Times published on August 5th, Trade minister Liam Fox estimated a 60% chance of a no-deal Brexit taking place. This ‘hard Brexit’ would leave the EU and the U.K. … Read more