TradersClassroom

GBPUSD Approaching Decision Area

FX:GBPUSD   British Pound/U.S. Dollar
81 0 1
This pair is approaching an area of interest. It is defined by recent support area turned resistance and the .50 retracement of largest move up. In this area, I will look for price action to distinguish whether or not it will continue down or have a larger pullback. This area is from 1.59 to 1.60. We discuss this in the Weekend Preview. Check it out here: http://youtu.be/jH2ThABeiT0


Have all of our ideas delivered directly to your inbox: fxtradersclassroom.gr8.com
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
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