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Barclays: ⬆️ Buy
– Barclays reversed from support area
– Likely to rise to resistance level 3.865
Barclays recently reversed up from the support area between the pivotal support level 3.7000 (which has been reversing the price from August), lower daily Bollinger Band and the support trendline of the daily down channel from September.
The upward reversal from this support area is likely to form the daily Japanese candlesticks reversal pattern Morning Star.
Given the strong multi-month uptrend, Barclays can be expected to rise to the next resistance level 3.865 (which reversed earlier waves i and b).
Source: https://fxpro.news
