11.09.2014 London Session Watch GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD             has been in a strong down trend since last month but seemed to find some ground in the last few days. There's an inside bar candlestick pattern formed on this pair, so the price could potentially move slightly higher to the resistance level and fill the gap before continuing to move lower. The stochastic and Commodity Channel Index ( CCI ) are showing the Pound is overbought as well which could lead the price lower. The long term trend is still bearish as the short term moving averages (10 and 20 period) are still staying below the long term moving averages (50,100 and 200 period) and the Tenken-sen is still below Kijun-sen too which shows the bears are still in this market, so we could potentially have selling opportunities in todays             London session near the 1.6275 and 1.6340 resistance level .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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