10 December Free GBP/USD, XAU/USD and BRN/USD Trading Signals


Our 10 December Free Trading Signals for GBP/USD, XAU/USD and BRN/USD include technical outlook as the following:

10 December GBPUSD trading signal

From the technical point of view, GBP/USD stays inside the bullish channel for the last 5 trading days. At the same time the price is above both 50 Moving average (red line) and 200 Moving Average (dark blue line), which is an indication of a bullish trend. I'm looking for buy orders from the lower channel boundary. TP level is towards the higher end of the channel. Scroll down to see the signal details with my SL, TP and entry levels for GBPUSD.

GBPUSDH1

10 December XAUUSD trading signal

On Friday after US fundamental data was released, XAU/USD fell sharply from 1480 to 1460. On Monday the price rose to 200 Moving Average (dark blue line) dynamic resistance, but after touching it, gold fell below 1460. Right now the pair stays below both 50 Moving average (red line) and 200 Moving Average (dark blue line), which is an indication of a bearish trend. Scroll down to see the signal details with my SL, TP and entry levels for XAUUSD.

XAUUSDH1

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10 December BRNUSD trading signal

From the technical point of view, BRN/USD stays inside the bullish channel for the last 4 trading days. Last Friday BRN/USD rose to the highest level since September, attempting to break 65. On the Daily timeframe, the pair found resistance in the form of 200 Moving average (dark blue line). In case BRNUSD manages to break this resistance and rises above 65 levels, I do expect bullish trend continuation. On H1 timeframe the price is above both 50 Moving average (red line) and 200 Moving Average (dark blue line), which is an indication of a bullish trend. Scroll down to see the signal details with my SL, TP and entry levels for BRNUSD.

BRNDaily

BRNH1

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