d.vezeris
Short

GBPUSD 4H (15.06.2014) Chart Technical Analysis

FX:GBPUSD   British Pound/U.S. Dollar
162 0 0
The GBPUSD             4H chart shows the following signs:

The GBPUSD             pair has made a local             top at 1.6983 and some consolidation here is in my thoughts. The pair is far enough from Tenkan Sen and Kijun Sen too. But any correction from here will end shortly. I think that the movement will be towards Tenkan Sen (Green line) and then I expect a long reaction.

Do not forget that the pair is over the KUMO , Tenkan Sen and Kijun Sen too and this is strong bullish sign.

I think of a correction at about 1.69 and then a long movement for testing 1.698 again.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out