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KarYong
Feb 1, 2016 9:25 AM
GBPUSD: A potential divergence retracement setup
Short
FX:GBPUSD
60
British Pound/U.S. Dollar
FXCM
Description
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Feb 1, 2016 9:25 AM
GBP Manufacturing PMI to be released in a few minutes. Will the technical setup hold?
Trade active
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Feb 1, 2016 9:41 AM
Actual Manufacturing PMI 52.9 versus estimates of 51.8
Pending order triggered.
GBPUSD
2618 Trade
Divergence
retracement
FXP
Comments
naxis_ac
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Feb 1, 2016 9:28 AM
good catch ``
Eugene_Titov
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Feb 1, 2016 10:00 AM
It seemed to me that if the indicator price goes in the opposite zone the divergence is considered to be fulfilled.
naxis_ac
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Feb 1, 2016 10:10 AM
yep..it's already happened tho...but pound will bounce again
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