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Forex December Review

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GBPUSD - Trend lower? I can write about the decline, rally and subsequent further decline during the month of Nov in this pair but what really matter is the response following Super Mario Thursday – last Thursday! We did NOT have a Key Reversal Up such as happened in EURUSD but the intention was there. This was coincident with all MAs beginning to point lower, a sign that has prompted me to push the bullet point above into mildly bearish territory but contra to the action indicated by last

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