GBP/USD Technical Analysis: Bull RSI divergence confirmed on 4H chart

GBP/USD could be in for a minor bounce possibly to 1.2880-1.29, as the previous 4-hour candle closed on a positive note, confirming a bullish divergence (higher lows) on the 4-hour chart RSI.

A break below 1.2845 would invalidate the positive divergence of the RSI.

4-hour chart

Trend: corrective bounce

Feb 12, 2019

ECB’s Lane: ECB has data-dependent perspective on monetary policy

The European Central Bank (ECB) Governing Council member and newly appointed Chief Economist Philip Lane is on the wires now, via Reuters, speaking in

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Feb 12, 2019

India: CPI inflation to edge higher to 2.40 y/y in January - TDS

Analysts at TD Securities are expecting India’s headline CPI to edge higher to 2.40% y/y in January from an 18-month low of 2.2% y/y in December, rema

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