GBP/USD attempts to return to 1.53

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD keeps grinding higher “It seems the rally in risk assets is over after investors covered their short positions. I suspect share markets will not have an easy time for now as investors look to earnings, so the dollar is likely to be capped as well.” - a trader at a major Japanese bank (based on CNBC) Pair’s Outlook Despite the gravestone doji formed on Oct 11 and proximity to a strong resistance level the bulls keep pushing the price higher. Still, the monthly R1

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