Rocketman

GBPUSD falls, but not across the board...

FX:GBPUSD   British Pound / U.S. Dollar
59 0 5
GBP is falling but not across the board. This is due to China strength andUS dollar strength in their respective currencies.

Although only GBPUSD             and GBPCNY             has falling by themselves, the GBP index is testing the backside of a broken trendline:
snapshot
So, there is a probe for resistance.

The GBPUSD             fell right into the area where I take shorts and has penetrated the counter trendline .

It will pause here at 61.8% or contune down next week:
snapshot


I do my update over the weekend...so, I am taking a break after this.

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