GBP/USD

The British currency pulled back away from weekly descending channel:

Looking at the daily chart, we can note that the price closed below the weekly downtrend and the level 1.3450. Should today’s candlestick close below the weekly trendline, it might signify a further decrease of the Pound rate:

XAU/USD

We have a multi-month ascending channel in the daily timeframe:

Now, Gold has touched the daily uptrend and is pondering where to head next. Chart currently doesn’t show any signs of growth, but candlestick patterns can change this situation and indicate the required direction. Second option might imply a breakdown and pullback of the ascending channel. This options might have the potential to result in the long way down:

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