ForceFollower
Long

GBP/USD In A Strong Up Trend

FX:GBPUSD   British Pound / U.S. Dollar
99 0 1
The GBP, clearly overbought, has suffered of late, but it's still the strongest ccy, and, after a little rest, it should resume, whereas the USD - exactly the opposite. :-)

So, it is possible that this up trend is bound for 1.7000, esp             . given the volatility expansion, prior volatility overshoot, the no-overlap condition of the current rally, new daily, weekly and monthly highs.

Otherwise, the up trend may resume later on, upon the rebound off the black bull trend line . In case it failed too, there's strong support at 1.6250.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out