Invezted

Gbp/Usd Roadmap for 23.06.15

FX:GBPUSD   British Pound/U.S. Dollar
44 0 1
Context:

As price broke support at 58114 and the demandline , we allreayd have some signs of weakness at hands,
as price retested the broken support and it tunred resistance we got confirmed weakness , and i wouldnt recomend any longs until we trade back above 58800 or a reversal at the 50% mark 55600 , shorts are heavy favoured in this pair.

Trade Opportunities:

Long:
Reversal at 50% mark 55600

Short:
Retracement + rejection of broken support at 57600


Signs of strength:
none


Signs Of weakness:

rejection of major 50% mark at 58800
broken support
broken demandline
support turned resistance

Support:
57000
56520
55600

Resistance:
57600
58114
58800

www.invezted.com

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out