SamKent
Short

Recent Price Action Analaysis of the Cable

FX:GBPUSD   British Pound/U.S. Dollar
125 0 3
The GBP/USD             is consolidating after another impulsive bearish move which wiped over half the gains of the corrective bull move in short order. We're interested sellers on a bearish break of the horizontal channel, which would also be a break of the 61.8% fib of the corrective bull move, providing further confirmation that the sellers are still in control of this market. On the other hand, if the pair does break higher, a break of the 1.5916 highs will signal that buyers may be getting ready to turn this pair around.
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