Harami, candlestick rev Bullish momentum faded MN death cross
We'd like to see a rally towards 1.1400
Entry 1.1900-1.1888-940
Price under MVA 50 weekly
Below 1.183-1.1789 will accelerate price
The pm has done a good job keeping gbpusd afloat as the new year comes into play will gbpusd still hold its position above 17300
Rsi daily is oversold
Back in there can test 1.13-800zone
Intial move is downward as trend hasn't changed we like to still see the flow or 1.088 but whom knows just now bulls get slick with it again
Intial TPS
17000
1.1660
1.1400 to look to initiate a long
1.045-1.000flat last tp
As before 0.95 and 0.86 still looks desirable
Entry 1.1900-1.1888-940
Price under MVA 50 weekly
Below 1.183-1.1789 will accelerate price
The pm has done a good job keeping gbpusd afloat as the new year comes into play will gbpusd still hold its position above 17300
Rsi daily is oversold
Back in there can test 1.13-800zone
Intial move is downward as trend hasn't changed we like to still see the flow or 1.088 but whom knows just now bulls get slick with it again
Intial TPS
17000
1.1660
1.1400 to look to initiate a long
1.045-1.000flat last tp
As before 0.95 and 0.86 still looks desirable
Comment:
As long as 1.19500-415 doesn't pass expect a fall to 1.1800-1.15497
