Cable – Stuck at key hurdle, re-test of 1.30 likely

FX:GBPUSD   British Pound / U.S. Dollar
Pair’s failure to close above 1.3056 (July 26 low) coupled with a Doji candle on the daily followed by another failure to hold above 1.3056 in Asia suggests the prices are likely to revisit 1.30 levels before gathering steam for another bullish move.

On the lower side, only a day end close below Tuesday’s low of 1.2874 would indicate continuation of the post Brexit retreat.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 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