FX:GBPUSD   British Pound/U.S. Dollar
238 0 0
GBPUSD             - On the daily TF, I see this pair going lower to test 1.54 resistance turned support level before upwards continuation to test upside at 1.57. Look out for any bullish price action at the said level.

So hold your ammunition and wait for a better time to enter long.

However, if the 1.54 level breaks decisively, we would have to reanalyze the chart again. The bigger TF sees this pair in sideways movement after breaking down from a triangle. Go to my weekly chart analysis to see this.

If you would like to receive daily updates, do Like my page at www. facebook             .com/forexachievers and visit my site at http://www.forexachievers.com

All the best!

~ Ardy
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener 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