GBP/USD breaks resistance

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The GBP/USD has surged above the technical resistance cluster, which was located near 1.2650. Namely, a pivot point and the 200-hour simple moving average were broken. 

Moreover, the rate declined on Tuesday morning and confirmed the technical levels as support levels. 

By the middle of the day a surge began, which was expected to reach the R1 pivot point at 1.2735. Although, note that the move will most likely occur gradually not in a sharp surge up.  

On the other hand, note that the 1.2700 level will provide psychological resistance to the pair and slow down the surge of the rate.
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Actual Topics

Tue, 04 Jun 2019 11:34:51 GMT

USD/JPY aims at 107.73

USD/JPY continues to decline, as a new low level has been reached on Tuesday. Namely, the rate has fallen below 108.00.  

Tue, 04 Jun 2019 11:21:41 GMT

EUR/USD jumps above 1.1250

The EUR/USD has passed the resistance of a dominant descending pattern on the hourly candle chart. This occurred in a sharp surge, which began after the rate broke short term resistance.  

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