The price of the Ripple currency rebounded from the broken downtrend and pulled back to retest it. The local uptrend is at the point of potential pullback. In general, it looks like this currency is undergoing correction right now. Next, it might rebound, rise, and target the level of 0.9000. So, let’s wait and see what is going to happen.
The price of oil broke the level of 84.00. Currently, the asset’s price is trying to stay below the broken level. Should the asset remain below the broken level at the beginning of the next trading week, it might eventually rebound from it and slightly rise. Time will tell whether this scenario is going to work out.
The price of the British pound is approaching the level of 1.2710 and the broken local downtrend. It is likely to rebound from these trendlines following the ongoing candlestick formations.
Source: Tickmill