Trendline support and 200MA with bullish bias.

British Pound/U.S. DollarFXCM

Description

⋅ Nov 14, 2016 4:11 PM

We are at trend line support, 200MA, .382 retracement of the ascent from the oct low, .382 retracement of the decline off the high.

If this support holds we can hope for an upside move targeting median line or top of channel.