GBP USD, “Great Britain Pound vs. US Dollar”
At the H4 chart of GBP USD, the uptrend continues. The price formed Hammer, Engulfing, and several Inverted Hammer patterns from the support level. All these patterns indicate that the pair may continue moving upwards. The target is at 1.3356.
XAU USD, “Gold vs US Dollar”
At the H4 chart of XAU USD, Inverted Hammer, Long-Legged Doji, and Engulfing patterns, which were formed from the support level, indicate that the uptrend continues. After being corrected from the resistance level, the price formed another Hammer pattern, which indicate that the correction completed and the instrument may continue moving upwards to reach the resistance level at 1279.00.
RoboForex Analytical Department