GBP/USD Attempts To Return Above Key Support

Discussion in 'Technical Analysis' started by Kaitlin, Nov 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Last Friday the Sterling suffered a heavier-than-anticipated loss against the US Dollar, slumping over 100 pips, therefore, erasing all weekly gains. The 23.60% Fibo managed to stop the fall and should cause a rebound; however, trade opened under the 23.60% Fibo today, diminishing the Cable's ability to appreciate. Meanwhile, the[​IMG]

    Continue reading...

Share This Page

free forex signals