XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Forex technical analysis: Drilling down into the GBPUSD price action

Discussion in 'Technical Analysis' started by ForexLive, Sep 26, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,542
    Likes Received:
    1
    Shorts took two shots and missed The shorts in the GBPUSD have taken two shots to the downside and each one missed it's targets. The first shot was taken on Friday when the pair moved below the Tuesday/Wednesday lows at 1.2944. The price extended to 1.2914 but bounced back quickly. The price moved above the 1.2944 level, and then held support against the same level. on a test (blue circle 3).

    Read full forex technical analysis here
     

Share This Page

Trade indices Online