Although currency bulls closed the gap created at the beginning of the week, their weakness in the following days encouraged the sellers to fight. As a result, the pair declined sharply earlier today, hitting a fresh December low. What can we expect in the coming week?

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Although currency bears managed to push GBP/USD to the levels that we haven’t seen since mid-April 2017 at the beginning of the week, their opponents stopped them, triggering a rebound, which erased over 70% of the recent decline. Is it enough to invalidate earlier important breakdowns?

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Monday’s session brought a sharp rebound, which erased over half of the recent downward move. Yesterday, we saw further improvement. Is this the beginning of the next upward movement or rather the verification of the earlier breakdown?

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Thanks to the recent increases, the greenback hit a fresh 2018 high against the Canadian dollar in the previous week. But will the rally be continued in the coming days?

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After several weeks in a consolidation currency bears finally showed strength and pushed the greenback lower against the Swiss franc during Friday’s session. Thanks to this drop, the exchange rate closed session under supports. What does this mean for the future of this currency pair?

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