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The currency pair is traded inside the upper border span of the descendant price channel. The ascendant wave structure of the H8 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. Trading idea: Sell when the descendant wave structure forms, where the wave (A) breaches through the “pivot 2 of …

GlaxoSmithKline's stock is up 2% today as the company announces strong first-quarter earnings at the start of what CEO Emma Walmsley expects will be a watershed year. In January 2020, GlaxoSmithKline (LON: GSK) shares were worth 1,846p. Then came the covid-19 epidemic, which caused the FTSE 100 mainstay to plummet by 35% to 1,191p by …