Brent Oil Forecast: Potential Rise Ahead?
Brent oil is moving in a narrow range. The asset might potentially enter the supporting zone formed between levels 77.65 and 75.16 and located next to the weekly broken downtrend. The asset’s price is likely to pull from this downtrend and jump. So, let’s observe what will happen next.
Currently, Bitcoin is targeting the supporting level of 21500. The asset might gain the required support and pull from this level to target the level of 25500 next.
British pound broke the descending wedge. Now, the asset is approaching the supporting level of 1.1400. This level also coincides with the 50% Fibonacci level. British pound might test the top of the broken wedge and pull from the supporting level of 1.1400.
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