novvoll12
Long

GBPUSDShort-term bullish – Approaches the 1.5507/1.5566 zone

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             1.5416 – Short-term bullish – Approaches the 1.5507/1.5566 resistance zone

GBPUSD             staged a sharp reversal off the 1.5163/1.5170 minor double bottom (September 4/7, 2015 lows) to reach 1.5475 (September 10, 2015 high), retracing near 50% of the 1.5818/1.5163 fall. While the 1.5338 support (September 10, 2015 low) near the 200 day moving average holds dips, scope remains for further gains near term through 1.5475 to open the 1.5507 resistance (August 27, 21015 high, near 50% retracement at 1.5489) ahead of 1.5566 (61.8% of the 1.5818/1.5163 fall). However, weakness below the 1.5338 area would caution bulls and shift the focus to 1.5268 (September 8, 2015).
Outlook:
Intraday: bullish
Daily: bullish
Weekly: neutral
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
AR العربية
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