The GBP/USD fell from the 1.344 resistance point again, and is still in a state of accidental fluctuation that the pair has been trading in for several weeks.
The pair is currently trading at its highest levels in three months and at strong resistance levels.
Price looking unlikely to break $20k.
2.5-year high price well above 1.2100.
Yesterday, the GBP/USD broke the strong 1.3400 resistance point after reaching it several times.
The AUD/USD went up at the beginning of trading today, following comments by the Australian Central Bank's Governor after a day of fixing interest rates, in which he said he expected strong economic growth.
Price still seems unlikely to break $20k yet.
2.5-year high price is well above 1.2000.
Price looks unlikely to break $20k yet.
The AUD/USD rose at the beginning of today's trading, with increased risk appetite after positive news about coronavirus vaccines.
Beware of strong resistance just overhead at 1.2000.
The AUD/USD is trading in a generally bullish trend in the medium term at the moment, and the pair retreated in a profit-taking wave.
The GBP/USD broke the ascending triangle pattern and the lower triangle boundary, which technically indicates a downtrend after retesting the broken trend.
Rise running out of steam at $18,674?
Strong resistance just overhead at 1.2000.