TipTVFinance

FTSE 100 – Potential inverse head and shoulder on hourly

FX:GBPUSD   British Pound / U.S. Dollar
Pair’s retreat from the NY session high of 1.3121 to 1.3040 if followed by a break below 1.30 would suggest the retreat from the Sep 6 high of 1.3445 has resumed and could yield a move to 1.29 levels.

On the other hand, a rebound from near 1.3040 amid the bullish crossover between hourly 50-MA and hourly 100-MA would increase the odds of the pair moving towards inverse head and shoulder neckline of 1.3130, which is also a larger falling trend line resistance.
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
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